1111 Victory Way Craig, CO 81625

This exceptional 87,814 square foot commercial property, situated at 1111 Victory Way in Craig, Colorado, presents a unique investment opportunity. Located on Highway 40, this center enjoys high visibility and accessibility, making it an ideal location for a variety of businesses. The property is currently partially leased, with spaces available for immediate occupancy. The existing tenants are filling spaces quickly, indicating strong market demand. The city of Craig has already approved a Conditional Use Permit, streamlining the process for potential buyers. Furthermore, this property is situated within an Opportunity Zone, offering significant tax advantages for qualified investors. The city actively supports urban renewal projects and offers various incentives for eligible businesses, making this an attractive proposition for developers. The property's size and location make it suitable for a wide range of uses, including retail, commercial, and potentially even residential components. The area is experiencing growth, serving as a hub for Colorado, Wyoming, and Utah, and is conveniently located approximately 45 minutes from Steamboat Springs Resort. The lack of significant shopping options within a considerable radius (the nearest being 1.5 hours away) presents a compelling need for retail development. Other potential uses include a commissary kitchen, large climate-controlled storage facilities, and additional housing options, all of which are in high demand in the area. This property offers a rare chance to capitalize on the growing needs of the community and the substantial benefits of the Opportunity Zone designation. Contact us for detailed information and to explore the possibilities.