Zoned commercial with land use as mixed residential. Last use was multi family. Property consists of one tri plex (one 5 bed and two 1 bed units) and a single family 3 bedroom residence with large 360 sq foot storage building with alley access. Address 216 7th St is an over sized single car garage with partial fenced 3,300 sq foot lot with alley access. Great opportunity for a business/residential mixed use with approval by review with the Town of Windsor. Outstanding traffic count and sign visibility. Possible grant assistance with Windsor Downtown District Alliance (WDDA) to assist with commercial signage and downtown development with the Chamber. Return is with projected rents. Taxes are reported with Senior Tax Exception. Property is one lot off the corner of 7th St (Hwy 257) and Main Street (Hwy 392) to the South just blocks from Windsor Lake. Front of building faces East with alley access.
Presented By: RE/MAX Alliance-Greeley; 9703305000
Interior Features for 214 7th St
Bedrooms
Total Bedrooms10
Bathrooms
Total Baths5
Other Interior Features
LivingAreaSourceOther
Air Conditioning Y/NNo
BasementFull, Partially Finished
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesEat-in Kitchen, Separate Dining Room
General for 214 7th St
AccessibilityLevel Lot
Architectural StyleRaised Ranch
Attached Garage No
Cap Rate5.45
CityWindsor
Construction MaterialsBrick/Brick Veneer
CountyWeld
ElectricElectric, Excel
Elementary SchoolSkyview
Facing DirectionEast
Garage Y/NNo
Gas Y/NNatural Gas, Excel
Gross Income80556
HOANo
HeatingBaseboard
High SchoolWindsor
High School DistrictWeld RE-4
Land Lease Y/NNo
LevelsRaised Ranch
Living Area UnitsSquare Feet
Lot Size Square Feet13125
Lot Size UnitsSquare Feet
MLS AreaGreeley/Weld
Middle/Junior High SchoolWindsor
Net Operating Income65179
New ConstructionNo
Number Of Units Total6
Operating Expense15377
Other StructuresStorage
Patio/Porch FeaturesPatio
Possible UseSingle Family, Multi-Family, Commercial
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameBowmans Add
Tax Annual Amount4627
Tax Year2024
Tenant PaysNone
UtilitiesNatural Gas Available, Electricity Available
Year Built1917
ZoningCB
Exterior for 214 7th St
FencingPartial, Wood
Horse Y/NNo
Lot FeaturesCurbs, Sidewalks, Lawn Sprinkler System, Irrigation Well Included, Mineral Rights Excluded, Level, Within City Limits
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