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Highway 40 Commercial Property
For Sale
$350,000

1135 E Highway 40, Craig, CO 81625

Well-maintained commercial property with multiple offices and convenient highway access.

Property Size2,000 SF
Lot Size0.55 Acres
Price / SF$175
Days on Market771

Property Features for 1135 E Highway 40

General Information

Standard status Active
Size 2,000 SF
Lot size 0.55 Acres

Taxes and HOA fees

Annual Taxes $4,289
Listing Agency: RE/MAX About You
Listed By: Janalee Adams · License #ER100070350
Source: Exprealty
Added: Jul 12, 2024 Changed: Aug 20 Last Checked: Aug 21 at 12:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX About You

Investment Insights

Based on property information with market context.

This commercial property is situated in a location that benefits from traffic exposure along Highway 40. The well-maintained building contains over 2000 square feet and features a reception area, five office spaces, and three bathrooms. Additional amenities include a kitchen, washer and dryer hookups, and a large downstairs storage area. The building is equipped with a newer furnace with A/C and a sprinkler system. Natural light fills the interior through large windows. The property has three separate entrances and sinks in three of the office spaces. A large, paved parking lot is available, with entrances off Highway 40 and E Victory Way. Zoned Community Commercial, the property offers potential for various business uses.

Key Highlights

  • Prime location with high visibility on Highway 40.
  • Community Commercial zoning offers diverse business opportunities.
  • Spacious layout with over 2000 sq ft, including 5 offices, 3 bathrooms, and a kitchen.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Restaurant Electrical Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

159
Businesses Nearby

Demographics for 81625, CO

12,560
Population
5,667
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
93%
High-School Grad
1,507.4 sq mi
ZIP Area
8
Density / Sq Mi
$73,649
Median Household Income
$43,764
Median Earnings
$1,059
Median Rent
$266,900
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Well-maintained commercial property with multiple offices and convenient highway access.
Where is this office units located?
The property is located at 1135 E Highway 40 Craig, CO.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Prime location with high visibility on Highway 40.; Community Commercial zoning offers diverse business opportunities.; Spacious layout with **over 2000 sq ft, including 5 offices, 3 bathrooms, and a kitchen.**
More about this property
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