504 Victory Way Craig, CO 81625

Property Details for 504 Victory Way

Year built

1954

Lot size

0.22 lot acres

Property type

Commercial real estate

Description

This exceptional commercial property, located at 504 W Victory Way in the heart of Craig, Colorado, presents a unique investment opportunity. Boasting a highly desirable location across from a grocery store, this property enjoys excellent visibility and high traffic flow. The 0.22-acre lot houses a building featuring five private offices, a conference room, two bathrooms, and a convenient kitchenette area. A built-in bar adds a unique touch. The interior was completely remodeled in 2018, showcasing modern aesthetics and functionality. The exterior is a durable combination of stucco and metal. The property is equipped with updated electrical and plumbing systems, newer furnaces, and central air conditioning units for year-round comfort. Energy-efficient LED lighting is installed throughout. The building is also hard-wired for televisions, providing flexibility for various uses. A storage shed located at the rear of the property offers additional storage space. The property's layout allows for easy division into two separate office suites, presenting a potential for increased rental income. The current owner is a tenant and is open to remaining as such under a new ownership structure. Priced at $260,000, this property offers a compelling combination of location, features, and potential.