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Investment Highlights

  • 6615 29th Street is a 2.51-acre tract located in the heart of a charming hub activated by UCHealth Hospital, retail, apartments, and suburban homes.
  • Upward trends have increased the local population and incomes, aiding the viability of uses like medical, office, multifamily, retail, F&B, and more.
  • Formerly approved hotel construction documents/plans ready to review; environmental studies and ALTA Survey are available in Data Room.
  • Positioned along Greeley’s primary east-west artery, which connects to I-25, Loveland, and Fort Collins, providing traffic counts of over 40,000 VPD.
  • Shovel-ready with utilities stubbed, no detention pond required, dedicated water rights, and zoning permitting up to 60 feet/five stories.
  • Take advantage of westward growth to the Front Range as the number of households within a 3-mi radius is projected to rise by 17.5% from 2024 to 2029.

Executive Summary

Discover the possibilities of this valuable high-density tract as new developments and swelling demographics elevate demand in the Front Range.

6615 29th Street is a 2.51-acre site with an optimal elevation to maximize sprawling views of the city and mountains to watch as this locale continues its rapid growth. Developers can get to work right away with utilities stubbed to site, no detention pond required, and a city motivated to encourage new builds. The City of Greeley’s relaxed zoning ordinance affords immense flexibility in development, allowing for ideal uses like hotels, retail centers, restaurants, offices, medical centers, and more.

The prior user proposed a four-story hotel that was approved by the city. Construction documents of the proposed project are available to view in the Data Room. Since the plan was created, zoning codes were changed in favor of this site and developers can now build up to 60 feet, allowing for up to five stories and about 120 rooms or a podium hotel with a ground-floor restaurant. Environmental reports and surveys have also been conducted and are available in the Data Room.

Situated at a roundabout that centers UCHealth Greeley Hospital, several retail shops, an apartment complex, and a single-family subdivision, 6615 29th Street is poised to anchor this buzzing node. A new 270-unit apartment community and neighborhood are underway in the vicinity, underpinning the rising real estate investment here. The Colorado Eagles, a farm team for the Avalanche NHL team, is finalizing plans to move its arena to a proposed $1.1 billion sports and entertainment complex in west Greeley. The project would be a few minutes down the highway and would also include a hotel and water park in addition to the new arena and publicly accessible hockey facilities, elevating the success of surrounding businesses.

Development interest in the area has been driven by significant migration to West Greeley as the population and personal incomes rise. The average annual household income within a 3-mile radius is approximately $105,000, contributing to over $700 million in spending. 6615 29th Street’s prominent position along Highway 34, the Front Range’s primary connector to Interstate 25, allows builds here to maximize their presence and connect to a broader trade area. Inquire now to learn more.

Sale Flyer

Data Room Click Here to Access

Property Facts

Price $3,837,479 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hotel
  • Medical
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 2.51 AC
Zoning C-H - Commercial High Intensity

1 Lot Available

Lot

Price $3,837,479 CAD
Price Per AC $1,528,876.13 CAD
Lot Size 2.51 AC

Prime site for hotel/restaurant/office/medical use. Adjacent to UC Health, medical offices, Discount Tires, Human Bean. Part of St. Michael subdivision. 4.7-acre feet of dedicated water from the City of Greeley(appx). Near Hwy 34 and 65th Ave x-ing.

Description

PRIME LOCATION

Fairly walkable
40/100
Moderately drivable
70/100
Fairly bikeable
50/100

Nearby Amenities

Restaurants

The Human Bean - - 3 min walk
La Mariposa Restaurant Mexican $$ 5 min walk
Marble Slab Creamery - - 5 min walk

Retail

Edward Jones Finance Company 1 min walk
Sola Salon Studios Salon/Barber/Spa 1 min walk

Hotels

Homewood Suites by Hilton
85 rooms
6 min drive
Hampton by Hilton
74 rooms
9 min drive
Best Western
64 rooms
10 min drive
Quality Inn
148 rooms
14 min drive

Sale Advisor

Sale Advisor

Powell Street LLC
Contact
Kelly Fryan, CFO
Kelly Fryan specializes in Northern Colorado real estate and has vast experience in management, investment, and leasing. She has dealt with all types of asset classes, from industrial warehouses to Class A offices. She is a seasoned professional with a strong track record of success and works in executive capacities for SRI Investments, Stucco Rite Inc., and Powell Street LLC.
  • Listing ID: 34966107

  • Date on Market: 2025-02-27

  • Last Updated:

  • Address: 6615 29th St, Greeley, CO 80634

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