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1006 35th Ave 1,640 SF 100% Leased Office Building Greeley, CO 80634 $539,424 CAD ($328.92 CAD/SF) 10% Cap Rate



Investment Highlights
- 45k count traffic light. 2 RENTED UNITS.
Executive Summary
COMMERICAL MEETS RESIDENTAL ZONING! MIXED USE! Run a business and/or live on property! RENTED! Several years of solid rent roll. Currently a Barber Shop with lease and Residential home lease, split rent! This is a home and a business! With 4 bedrooms, 2-bathroom, GREAT split floorplan! Alley access! NO HOA. Small fully fenced backyard for pets on the res side! Roundabout driveway for easy entry off 35th Ave! Solid hardwood floors on main floor barber shop. Room for 11 car parking spaces. 3 separate entrances to accommodate this split living/ business! NEW 2023 HVAC! NEW SS APPLIANCES. NEW COUNTERTOPS! NEW CARPET. NEW PAINT. NEW ROOF! NEW SIDING! Vehicle Traffic count - 45K cars a DAY! SHOWINGS DURING CERTAIN HOURS AVAILABLE ONLY THROUGH SHOWING TIME - NO WALK UPS OR WALK AROUNDS - PLEASE DO NOT DISTURB THE CURRENT TENANTS.
Broker Remarks:
AVAILABLE ONLY THROUGH SHOWING TIME - NO WALK UPS OR WALK AROUNDS -PLEASE DO NOT DISTURB THE CURRENT TENANTS. Barber lease until April 30th 2026, ($1750.00 month, utilities included in rent), the other, residential side, rented until September 25, 2026, $1700.00 month, utilities included, sign longer, or move in). Water is shared. NO mineral rights. Same solid tenants since 2022 with rental increases and tons of update receipts to share through the property management company. Licensed Agent is property management for seller. This property requires 15% to 25% down payment at least.
Broker Remarks:
AVAILABLE ONLY THROUGH SHOWING TIME - NO WALK UPS OR WALK AROUNDS -PLEASE DO NOT DISTURB THE CURRENT TENANTS. Barber lease until April 30th 2026, ($1750.00 month, utilities included in rent), the other, residential side, rented until September 25, 2026, $1700.00 month, utilities included, sign longer, or move in). Water is shared. NO mineral rights. Same solid tenants since 2022 with rental increases and tons of update receipts to share through the property management company. Licensed Agent is property management for seller. This property requires 15% to 25% down payment at least.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$54,625
|
$33.31
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$54,625
|
$33.31
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $54,625 |
| Annual Per SF | $33.31 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $54,625 |
| Annual Per SF | $33.31 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,640 SF
Building Class
C
Year Built
1948
Price
$539,424 CAD
Price Per SF
$328.92 CAD
Cap Rate
10%
NOI
$53,942 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
820 SF
Building FAR
0.21
Lot Size
0.18 AC
Zoning
Commercial - Commercial Business building with a - Shared wall with a residential unit. BOTH RENTED!
Parking
11 Spaces (6.71 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Kitchen
- Storage Space
- Basement
- Central Heating
- Natural Light
- Hardwood Floors
- Yard
- Air Conditioning
1 1
Walk Score®
Very Walkable (79)
Property Taxes
| Parcel Number | R2186986 | Improvements Assessment | $39,106 CAD |
| Land Assessment | $12,794 CAD | Total Assessment | $51,900 CAD |
Property Taxes
Parcel Number
R2186986
Land Assessment
$12,794 CAD
Improvements Assessment
$39,106 CAD
Total Assessment
$51,900 CAD
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1006 35th Ave
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