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Furnished Quadplex
New
For Sale
$565,000

525 School Street, Craig, CO 81625

Commercial Sale, Craig, CO

Property Size3,350 SF
Lot Size0.15 Acres
Price / SF$168.66
Days on Market1

Property Features for 525 School Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning MU2
Subdivision Craig
Lot features Landscaped
Directions 1 block north of Victory Way on School Street.
Standard status Active
APN Unknown00
Size 3,350 SF
Lot size 0.15 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description Original Craig Subdivision Lot:31-32 Block: 28
Tax Annual Amount 1176
Legal Description Original Craig Subdivision Lot:31-32 Block: 28

Utilities

Water source Public

Amenities

lift chair

Building Details

Year built 1941
Floors in Building 2
Building materials Frame
Listing Agency: Cornerstone Realty LTD.
Listed By: Cobb Team
Added: Oct 27 Last Checked: Oct 27 at 7:06PM
MLS# 195008

Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 3,350-square-foot quadplex on a 0.15-acre parcel dates to 1941 and is built with frame construction. The four residential units are furnished; the owners occupy one, while the other three are rented. A separate office is currently used by the owners and could function as a studio, creating the option for a fifth unit. MU2 zoning applies.

A three-car garage is used as workshop space, with functioning doors and the potential to divide the interior into three garage or storage areas. Parking is available in front of the garages, and a large city lot to the south is also used for parking. Public water serves the property. An accessible deck is being installed at the southeast corner, and an upstairs lift chair provides access; bathrooms are not handicap accessible.

Key Highlights

  • 3,350‑square‑foot quadplex on 0.15 acres
  • Four furnished residential units; separate office could be used as a fifth studio
  • Three‑car garage currently configured as workshop space, with working doors

Property Analytics

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Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

786
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
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units are furnished, with a separate office that could serve as a studio.
Where is this quadplex located?
The property is located at 525 School Street Craig, CO.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: 3,350‑square‑foot quadplex on 0.15 acres; Four furnished residential units; separate office could be used as a fifth studio; Three‑car garage currently configured as workshop space, with working doors
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