For Sale
$4,395,000

101 22Nd St Greeley, CO 80631

Profitable Gas Station, Restaurant, & Store

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional Greeley, Colorado, retail property presents a unique owner-user investment opportunity. The 3,912 square foot building, constructed in 2003 and renovated in 2023 with a new kitchen addition, sits on a 0.71-acre lot and boasts a 100% occupancy rate since April 26, 2007. Currently operating as an unbranded convenience store, gas station, and restaurant featuring Krispy Krunchy Chicken and Hunt Brothers Pizza (with no term contracts), the property offers significant potential for rebranding or continued operation under the existing model. The property includes four gas pumps and a modern point-of-sale system, compliant with PCI standards. Financial records demonstrate strong performance, with projected sales exceeding $4 million this year, and a Net Operating Income (NOI) of $450,000, resulting in a 10.24% cap rate. The property is zoned for commercial retail use and has undergone Phase I and Phase II environmental surveys. This turnkey operation is ready for a quick closing, with SBA lender pre-qualification already completed. The asking price is $4,395,000, representing a price per square foot of $1,123.47. This is a fee-simple ownership opportunity with significant upside potential in a high-traffic area of Greeley.

Highlights

  • $4,395,000 asking price for this owner-user retail property and business.
  • 3,912 square foot building on a 0.71-acre lot in Greeley, Colorado.
  • 10.24% cap rate with a $450,000 net operating income (NOI).
  • Convenience store, gas station, and restaurant combination with 4 gas pumps.
  • 100% occupancy since April 26, 2007; 2023 kitchen renovation.

Property Details for 101 22Nd St

Property type
Retail properties, Restaurants
Square Feet
3,912 SF
Year Built/Renovated
2003/2023
Buildings
1
Stories
1
Lot Size (sq. ft)
30,928 SF

Location Insight

City
Greeley
County
Weld
State
Colorado
Latitude
40.4027719
Longitude
-104.67714327

FAQs

What type of property is this?
Retail property - Profitable Gas Station, Restaurant, & Store
Where is the retail property located?
The property is located at 101 22Nd St Greeley, CO.
What is the asking price?
The asking price for this property is $4,395,000.
What are key features of this property?
This property features: $4,395,000 asking price for this owner-user retail property and business.; 3,912 square foot building on a 0.71-acre lot in Greeley, Colorado.; 10.24% cap rate with a $450,000 net operating income (NOI).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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101 22Nd St
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