About 1589 W Victory Way
An exceptional investment opportunity in the heart of Craig, 1589 W. Victory Way was previously a restaurant. New Owner can step into this easily for a restaurant, event space or would fit well for just about any business. This 5,140-square-foot building was fully renovated in 2023 with a creative open floor plan. The updated building has historic character with modern finishes and an amazing location that catches traffic no matter what direction traffic is headed. Building would work for warehouse space, retail or restaurant. Highlights include a huge parking lot, excellent visibility and signage along W. Victory Way (Highway 40 that runs east to west), updated electrical and plumbing, and a spacious layout design. With untapped growth potential, the property provides an ideal platform for your business.
Price Change History
| Date | Details | Change |
|---|---|---|
| Date: | Details: Price Reduced from $850,000 to $695,000 | Change: ↓ $155,000 (18.24%) |
| Date: | Details: Price Reduced from $950,000 to $850,000 | Change: ↓ $100,000 (10.53%) |
Features of 1589 W Victory Way
| MLS® # | 190288 |
|---|---|
| Price | $695,000 |
| Acres | 0.36 |
| Year Built | 1958 |
| Type | Commercial Sale |
| Sub-Type | Business |
| Status | Active |
Community Information
| Address | 1589 W Victory Way |
|---|---|
| Major Area | Craig |
| Area | 17-Craig |
| Subdivision | Frontier City |
| City | Craig |
| County | Moffat |
| State | CO |
| Zip Code | 81625 |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Lot Description | Corner Lot, Landscaped |
|---|---|
| Roof | Metal |
| Construction | Block, Frame |
| Foundation | Slab |
Additional Information
| Date Listed | September 29th, 2025 |
|---|---|
| Zoning | Commercial |
| Short Sale | No |
| RE / Bank Owned | No |
| Data Source | AGSMLS |
| Year Remodeled | 2023 |
| Short Termable | No |
Subdivision Statistics
| Listings | Average Price | Average $/SF | Median $/SF | List/Sale price | |
|---|---|---|---|---|---|
| Active Listings 2 | Average Price $497,000 | Average $/SF $261 | Median $/SF $299 | Listing Price $695,000 |