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Property profile & analytics
OFF-MARKET
Commercial real estate

518 Yampa Ave Craig, CO 81625-2612

2,500 SF 0.06 ac lot Built 1902
Individually Owned 1-yr Hold Free & Clear
Property ID
US13-1918731
Property summary
AI-generated overview

Exceptional opportunity to acquire two established businesses operating under one roof in downtown Craig, Colorado. The 518 Wine Bar, a speakeasy-style venue featuring wine and bourbon tastings, live music, and charcuterie boards, and The FIND, a unique gift, decor, and cheese shop with a monthly cheese club, are both well-established and popular local favorites. Located in a high-visibility area, this 2,500 square foot property boasts a strong social media presence and loyal customer base. Recent updates include renovated bathrooms and kitchen, new flooring and lighting, fresh paint, roof and membrane seal updates, and HVAC service. All refrigerators, kitchen equipment, and appliances are included, along with all marketing materials for both businesses. This turnkey operation presents a rare chance to own two successful ventures in a vibrant downtown setting, eliminating the need to start from scratch. The synergy between the wine bar and gift shop creates a unique and attractive destination for locals and visitors alike, promising continued growth and profitability.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1902
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,500 SF
Lot 0.06 ac (2,500 SF)
APN R007430
UPID US13-1918731
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 518 Wine Bar Bar & Pub
  • The Find, Co. Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Thomas A Cramer · 1 yrs held
Thomas A Cramer
since 2025
Last sale
$300,000
7 recorded transactions
2025
$300,000
2023
Price N/A
2022
Price N/A
2021
$220,000
2019
$185,000
2017
Price N/A
2015
$208,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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