104 Ter Ln Craig, CO 81625
This exceptional 11,600 square foot mixed-use building in Craig, Colorado, presents a unique live/work opportunity. Built in 2018, this two-story structure features a spacious 9,000 square foot shop with a 14x20 and a 10x10 overhead door, ample graveled parking accommodating even 18-wheelers, and a full employee restroom including a shower and washer/dryer. The shop also includes a large floor drain and two 1700-gallon cisterns. A substantial office area with a conference space and a kitchenette is conveniently located at the front. Upstairs, a stunning 2-bedroom, 2-bathroom apartment offers luxurious living quarters, perfect for owner occupancy or employee housing. The property sits conveniently off the bypass, ensuring easy truck access. Additional features include a propane tank, septic system, and permitted commercial zoning. The asking price is $1,100,000, translating to $94.83 per square foot. The building is comprised of two units and sits on an 11,600 square foot lot. The high ceilings measure 24 feet. Occupancy is available December 2nd, 2024. This versatile property is ideal for a variety of businesses seeking a combination of workspace and living accommodations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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