$200,000
$225,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
512 Yampa AVE Craig, CO 81625
3,049 Sqft Lot
Key Details
Sold Price $200,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Out Of Standard Area
MLS Listing ID S1048862
Sold Date 11/21/24
Year Built 1914
Annual Tax Amount $1,553
Tax Year 2023
Lot Size 3,049 Sqft
Acres 0.07
Property Description
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.
Location
State CO
County Moffat
Area Out Of Standard Regions
Direction US 40 to Yampa Avenue. North on Yampa. The subject is on the west side of street, near the middle of the block.
Interior
Heating Natural Gas, Radiant
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access Desc Public
Roof Type Membrane
Street Surface Paved
Building
Foundation Poured
Sewer Public Sewer
Water Public
Others
Tax ID R007429
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Bought with The Group Real Estate, LLC