About This Home

This 0-bedroom, 0-bathroom commercial at 525 School Street in Craig, CO is listed for $565,000 ($169 per sqft). Built in 1941, the home offers 3,350 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1941
  • 0.15 acre lot
  • 2 stories

Property Details

2 stories
1941
Listing Description

Incredible investment property, or the owner can live in 1 unit and rent the other 3 (or 4). The current office space can be rented as a small studio, making a total of 5 units. The 3 car garage is currently utilized as a workshop space, but all doors work and it could be easily divided into 3 garage/storage spaces.

There is additional parking in front of the garages, and easily utilized parking in the large city lot to the south. These units are FULLY furnished with the tenant needing to bring only personal items. Each unit is meticulously clean and perfectly maintained to the period.

Currently, the owners live in one of the upstairs units and rent the other 3. The studio is utilized as their office, but can be used as a 5th studio unit/ Outstanding rental history and maintenance. Upgrades are still ongoing with a handicapped accessible deck being installed in SE corner.

The upstairs u its can also be accessed by a lift chair. (bathrooms are not handicap accessible). You have got to see the workmanship and restoration that has been done. A list of ''Perks/upgrades'' is attached to the listing, but the visual presentation keeps these units very desirable and full. There are many more photos and videos coming......just call and we will show you in person!

Monthly Cost Estimate

$3,022/mo

20% down · 6.5% · 30 years

Principal$409
Interest$2,448
Insurance$165

Estimates only. Actual payments may vary.

Location

525 School Street

Craig, CO 81625

Property Details

Construction

Frame

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 525 School Street is listed at $565,000 ($169/sqft). The estimated monthly payment is $3,022 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1941, 0.15 acre lot, 2 stories.

This property is listed by Cobb Team.

CT

Cobb Team

Agent at Cornerstone Realty, Ltd.

Listed by Cornerstone Realty, Ltd. · Broker phone: 970-824-4455 · Broker website

MLS# 195008· Source: Aspen Glenwood MLS· 3 days on PropertySimple

Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

525 School Street, Craig, CO 81625

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