$200,000
$225,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
3,125 SqFt
SOLD DATE : 11/21/2024
Key Details
Sold Price $200,000
Property Type Commercial
Sub Type Business with Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 3,125 sqft
Price per Sqft $64
Subdivision Craig
MLS Listing ID 183692
Sold Date 11/21/24
Originating Board Aspen Glenwood MLS
Year Built 1914
Annual Tax Amount $1,553
Tax Year 2023
Lot Size 3,049 Sqft
Acres 0.07
Property Description
Investment Opportunity in Downtown Craig. The national-rated tenant just signed a three year lease with terms that support a 9.4% cap rate. This single-tenant, single-story building has great long-term rental history and, at 3,125 square feet, it is right sized for a variety of small business ventures. There is alley access in the rear, ample public parking nearby and great retail glass along Yampa Avenue. Buy as an investment with the option of future owner-occupy. This area of Downtown Craig has a vibrant business community and the location won't disappoint.
Location
State CO
County Moffat
Community Craig
Area Craig
Zoning Commercial
Direction US 40 to Yampa Avenue. North on Yampa. The subject is on the west side of street, near the middle of the block.
Exterior
Roof Type Membrane
Others
Tax ID 065736429010
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