Investment Opportunity in Downtown Craig. The national-rated tenant just signed a three year lease with terms that support a 9.4% cap rate. This single-tenant, single-story building has great long-term rental history and, at 3,125 square feet, it is right sized for a variety of small business ventures. There is alley access in the rear, ample public parking nearby and great retail glass along Yampa Avenue. Buy as an investment with the option of future owner-occupy. This area of Downtown Craig has a vibrant business community and the location won't disappoint.
MLS# | 183692 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Year | 1914 |
Days On Site | 154 |
Listing Provided By | The Group Real Estate, LLC | Amy Williams |
SQ Feet | 3,125 |
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Zoning | Commercial |
Acreage | 0.07 |
State | CO |
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County | Moffat |
City | Craig |
Zip Code | 81625 |
Area | Craig |
Community Name | Craig |
Listing VS Median (in Craig) | |
Price: $225,000 low | high Med: $325,000 SqFt: 3,125 low | high Med: 1,500 $ / SqFt: $72 low | high Med: $217 On Site: 154 low | high Med: 62.000000 |