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    994 Yampa Ave Craig, CO 81625

    For Sale
    $399,900

    Turnkey Restaurant, High Visibility, Great Potential

    Property size:
    5,840 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property at 994 Yampa Avenue in Craig, Colorado presents a unique investment opportunity. The 5,840 square foot building currently operates as a remodeled and fully equipped breakfast/lunch restaurant, ready for immediate operation. The restaurant boasts high visibility and ample parking, contributing to its historically strong performance. Recent upgrades include new stainless steel appliances, granite countertops, updated flooring, and a complete inventory of equipment – from walk-in coolers and freezers to a steam table, fryers, and even plates and utensils. The kitchen is modern, well-maintained, and exceptionally clean. Beyond the restaurant, the property includes three lots, adding significant potential for expansion or future development. A two-car garage is also present, along with a separate fixer-upper building that could be renovated into an apartment or additional storage space. The potential for seller financing with a substantial down payment is available. This turnkey operation offers a rare chance to acquire a thriving business with significant additional land and building potential in a desirable location. The property is move-in ready and poised for continued success.

    Property Features for 994 Yampa Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,840 SF

    Building Details

    Year Built
    1952
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Craig
    County
    Moffat
    State
    Colorado
    Longitude
    -107.5476
    Latitude
    40.5221

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    FAQs

    What type of property is this?
    Commercial real estate - Turnkey Restaurant, High Visibility, Great Potential
    Where is this commercial real estate located?
    The property is located at 994 Yampa Ave Craig, CO.
    What is the asking price?
    The asking price for this property is $399,900.
    (970) 824-0223
    Request Owner's contact information
    994 Yampa Ave Craig, CO 81625
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    Craig, CO 81625
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    994 Yampa Ave Craig, CO 81625
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