308 Yampa Avenue

Craig, CO 81625

For Sale: $1,000,000

Commercial Warehouse
15,125 sq ft
Year Built: 1940
MLS: 7820450
Property Tax: $5,009/year
308 Yampa Avenue, Craig, CO 81625

Historic Building with Mixed-Use District zoning & potential grant program qualification

A Brief History

Since 1940, this property has connected people from all over northwestern Colorado and Wyoming. Initally a truck shop, its use progressed to that of a yard for pipe goods which were conveniently delivered via the Union Pacific Railroad.  In 1998, the property transitioned into an implement dealership selling tractors and parts for agriculture. In 2004, the owners opened a welding & design business performing architectural iron fabrication and powder coating.

The Building

The 15,125 s.f. building resides on a .359-acre lot. The versatile main space has concrete floors with two large overhead garage doors, giving you the ability to bring in your biggest ideas. The structure has minimal interior walls within its vast space that currently houses four private offices, cold and heated storage and two separate bathrooms. Employee lockers are in place to store personal items. Five panels of 3-phase power enable high-tech machinery and equipment to complete the most laborious tasks. Tube heaters and LED lights hang across the 13’6” high ceilings and are controlled by thermostats to efficiently heat the space. Central A/C exists above the cold storage room, but it is not hooked up. A security system and cameras will transfer with the property.

Location

Located in downtown Craig, two blocks away from main street, you have quick access to the town's amenities and businesses. Highway 40, which is the main artery for travelers and residents, passes by the building and offers high visibility. Nearby are many bus stops including the Regional Transit Facility, which provides transportation to Steamboat Springs.

Parking, Parking and MORE PARKING!

Street parking is limited to six spots for owners and employees. You can adequately store 30 vehicles inside and for any overflow parking or storage needs, the 0.287-acre vacant lot across the street is also included in the sale of the property.

Looking to the Future

Today this is the only powder coating business that serves Steamboat Springs, Craig, Meeker, Maybell and also services Vail and Baggs, WY. It provides a valuable and in-demand trade for the region; however the welding & powder coat business, personal property and trade fixtures not included in the list price. Inquiries are welcomed on the equipment for additional pricing. Resting next to the Union Pacific railroad tracks, there are discussions in the region about passenger train transportation or commerce reallocation, this could be the ticket for the dreamers. This piece of local history lies in a Mixed-Use District zone that creates tons of potential for the modern-day business. This property may qualify for the following grant programs: New Market Tax Credit Program, Rural Jump-Start Program & Enterprise Zone Program – buyers to verify anything of importance to them pertaining to eligibility, process and details at the Colorado Office of Economic Development & International Trade website. 

 

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Marci & Zach Valicenti | Valicenti Team

Broker Associate | Partner - The Group
ABR, SRS, CNE, e-PRO, PSA, RENE, RSPS
Photo of Marci & Zach Valicenti | Valicenti Team