For Sale
$4,395,000

101 22Nd StGreeley, CO 80631

Profitable Gas Station, Restaurant, & Store

Overview

Added:
Dec 11, 2024
Days on market:
115
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
101 22Nd St, Greeley, Colorado

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101 22Nd St
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