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Renovated Conventional Restaurant
For Sale
$595,000

Na-1589 W Victory Way, Craig, CO 81625

Open-plan commercial space with updated electrical and plumbing supports food service and other stated configurations.

Property Size5,140 SF
Price / SF$115.76
Days on Market338

Property Features for Na-1589 W Victory Way

General Information

Standard status Active
Size 5,140 SF

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $5,641

Building Details

Year Renovated 2023
Listing Agency: The Group Real Estate, LLC
Listed By: Greg Breslau · License #100035230
Source: Exprealty
Added: Sep 27, 2025 Changed: Aug 29 Last Checked: Aug 29 at 3:13PM

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 The Group Real Estate, LLC

Investment Insights

Based on property information with market context.

This 5,140-square-foot commercial building was renovated in 2023, retaining historic character while adding modern finishes. The interior features an open arrangement that can accommodate restaurant operations, retail, warehouse use, or event functions. Updated electrical and plumbing systems are in place, and the property previously operated as a restaurant.

Located along Highway 40 in Craig, the building has prominent roadside signage and a large parking lot. Its position on an east-west traffic corridor provides exposure from both directions. The adaptable layout and existing commercial improvements allow the next owner to configure the space around a range of business or gathering-space concepts.

Key Highlights

  • 5,140‑square‑foot building renovated in 2023
  • Previously operated as a restaurant with an open interior layout
  • Updated electrical and plumbing throughout

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Bakery Grocery & Convenience Store 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.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

786
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 48% Shops & Services 31% Dining 14% Home Improvements & Furnishings 7%
City Market Groceries
16,853 visits/mo 0.2 miles
Fiesta Jalisco Dining
5,005 visits/mo 0.3 miles
Maverik Adventures First Stop Shops & Services
4,840 visits/mo 0.5 miles
Family Dollar Shops & Services
4,040 visits/mo 0.4 miles
True Value Hardware Home Improvements & Furnishings
2,349 visits/mo 0.1 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Open-plan commercial space with updated electrical and plumbing supports food service and other stated configurations.
Where is this conventional restaurant located?
The property is located at Na-1589 W Victory Way Craig, CO.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 5,140‑square‑foot building renovated in 2023; Previously operated as a restaurant with an open interior layout; Updated electrical and plumbing throughout
More about this property
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