308 Yampa Ave Craig, CO 81625

Property Details for 308 Yampa Ave

Year built

1940

Lot size

0.64 lot acres

Property size

15,125 SF

Property type

Commercial real estate

Description

This 15,125-square-foot commercial building in downtown Craig, Colorado, presents a unique investment opportunity. Originally a garage, this historically significant property, located at 308 Yampa Ave, 81625, sits on a .64-.92 acre lot in a Mixed-Use (MU) zone, offering high potential for diverse business ventures. The building boasts two large overhead garage doors, concrete floors, and a spacious interior currently configured with four private offices, heated and cold storage areas, and two bathrooms. Employee lockers are included. The high ceilings (13'6") are equipped with tube heaters and LED lighting controlled by thermostats for efficient climate control. While central air conditioning is not currently connected, it's pre-installed above the cold storage. A security system with cameras is included in the sale. The property benefits from five 3-phase power panels, ideal for machinery and equipment. Street parking accommodates six vehicles, and a 0.287-acre vacant lot across the street is included, providing ample additional parking or storage. High visibility on US Highway 40 ensures significant traffic exposure. The building's proximity to the Regional Transit Facility and downtown amenities adds further appeal. Potential buyers should independently verify eligibility for grant programs such as the New Market Tax Credit Program, Rural Jump-Start Program, and Enterprise Zone Program. This property is offered at $1,000,000 ($66.12/sq ft) and is suitable for owner-users. The building was constructed in 1940 and is a single-story structure.