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4645 W 18th St
Greeley, CO 80634

$1,999,000 USD

Loft Creative Space Condo For Sale  •  12,202 SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 12,202 SF
  • Lot Size 0.35 AC
  • Building Class C
  • Year Built 1993
  • Cap Rate 10.24 %
  • Tenancy Single
  • Zoning C-1
10 Transit Score
40 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 500 Office 12,202 SF $1,999,000 USD
  • Unit Size: 12,202 SF
  • Condo Use: Office
  • Price: $1,999,000 USD
  • Sale Type: Investment
  • Price/SF: $163.83 USD
Description
Well maintained condo with recently updated carpeting (2025). Tenant has been in the space since 2008.

Sale Notes
**RECENTLY REDUCED PRICE - nearly $1M off last sale**

Landlord recently put in $500k to upgrade security system and tenant is reimbursing. This signifies the tenants long term interest in the property. 

Presenting an investment opportunity in Greeley, CO, this 12,202 SF office building is a testament to enduring quality. Built in 1992 and currently housing a US Government tenant, this stable income generating property offers a secure and reliable investment. With a prime location and a strong tenant base backed by the US Government, this well-maintained building represents an attractive entry into the flourishing Greeley market for office building investors.

Description

**Listed at $1M below last purchase price** 

Landlord recently put in $500k to upgrade security system and tenant is re-paying. This signifies the tenants long term interest in the property. 

Largest condo within association and has been leased to the same US Government tenant since 2008. Property sits just north of 20th near Aims Community College and in between two golf courses. Parking lot in great shape. 

This property is being sold as-is and at an exceptional entry point as the listing price reflects a $1M reduction from the most recent sale.

Highlights

Fully Occupied 10.2% Cap Rate
Long term US Government Backed Tenant
Limited Landlord Responsibilities
Listed for nearly $1M less than last purchase price!

Property Flyers

Financial Summary

Cap Rate: 10.24 %

Major Tenants

Tenant SF Occupied Lease End Date
U.S. General Services Administration 12,202 SF 10/1/2029

Amenities

  • 24 Hour Access
  • Controlled Access
  • Conferencing Facility
  • Security System
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Andrew Delveaux 303-818-2446 Madison Commercial Properties
Andrew Delveaux 303-818-2446 Madison Commercial Properties