$1,525,000

105 8th Avenue, Greeley, CO 80631

  • 6,412 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $238/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

Seller will carry financing to a qualified buyer $575,000 down, at 5% interest only for a 5-year term. Price reduced. Independent Boutique motel renovated and positioned to capture business entering Greeley from the North. 16 Guest rooms Manager Residence on-site A perfect fit for retiree owners (and their Millennial successors) At dusk the neon sign is seductive. Arching over the rooftop the rainbow-colored sign (which happens to be the motel’s moniker) beckons passersby. On a weekend road trip with no particular timeline other than to get out of the house, the 68-ish couple, six months into retirement, faced what most 65-70-year olds do. The home where they’d raised their children echoed at night with only the two of them sorting through the Instacart delivery. The pandemic had trimmed entertaining to zero. In the last two years of working mostly remotely, they’d gotten adept at Zoom calls and better at saying goodbyes to their friends who had moved on to retirement destinations. The couple caught the vibe. Downsizing to 16 bedrooms at age 65 seems, well, absurd. Until you figure in that the 16 rooms is a boutique motel with a sincerely awesome personal residence behind the lobby doors. When their grown kids return home for holidays, they can block out a couple of guest rooms for as long as they want. Even at this age the two figured they had a good 20+ years of active living to do. Plus, they were building a little family business with serious income to add to their Social Security. And just maybe it will be of interest in perpetuity for one of their kids. Broker owned

Listing Status:
Active
Data Last Updated:
February 15, 2026 at 7:19AM
Listing Office:
Jarod Clark Realty LLC : jarod@unleaded.digital,303-912-0227
Listing Agent:
Jarod Clark : 303-912-0227
MLS ID:
7705450
  • Eco/Green Feature: HVACLightingWater Heater
  • Parking: AsphaltParking spaces: 16
  • Roofing: MembraneMetal
  • Road/Access: Public
  • Originating MLS: recolorado
  • County: Weld
  • Zoning: GR 4226 L1-2-3 BLK6 CLAYTON'S 1ST SUB & PT L4 BEG 60' W OF NE COR L4 W35.8' S1.1' E35.8' N1.1' TO BEG EXC HWYR2787186
  • Current Use: Multi-Family
  • Utilities: Cable AvailableElectricity AvailableElectricity ConnectedInternet Access (Wired)Natural Gas AvailableNatural Gas ConnectedPhone AvailableSewer Connected110V220 VoltsSingle Phase
  • Water: Public
  • Sewer: Public Sewer
  • Source: recolorado

This listing courtesy of Jarod Clark , Jarod Clark Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Fred Tjardes School of Innovation

717 6th St, Greeley, CO, 80631

Grades KG-8

0.42 miles away

F

Fred Tjardes School of Innovation

717 6th St, Greeley, CO, 80631

Grades KG-8

0.42 miles away

J

Jefferson Junior/Senior High School

1315 4th Ave, Greeley, CO, 80631

Grades 7-12

1.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.