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Iconic Commercial Property on Main
For Sale
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101 E 5th St, Creede, CO 81130

Thriving restaurant and bar with established reputation and loyal following.

Property Size4,217 SF
Price / SF$212.24
Days on Market216

Property Features for 101 E 5th St

General Information

Standard status Active
Size 4,217 SF
Property subtype Business for Sale, Hospitality
Zoning Business
Investment Type Owner/User

Building Details

Year Built 1946
Stories 2
Units 2
Listing Agency: Broken Arrow Ranch & Land Company
Listed By: Anne Pizel · License #CO EA.001321997
Source: Crexi
Added: Jan 6 Changed: Aug 8 Last Checked: Aug 8 at 6:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Broken Arrow Ranch & Land Company

Investment Insights

Based on property information with market context.

Located at the corner of 5th and Main, this 4,217 sq ft commercial property is home to a recognized business. The building, originally built as the Old Creede Standard Gas Station, has evolved over time, hosting various businesses before becoming a restaurant and bar. With seating for up to 165 guests, the property features a private upstairs bar with potential for rental income, and an outdoor patio. The interior includes a game area with pool, darts, foosball, shuffleboard, and Pac-Man. The kitchen and bar are equipped with a walk-in freezer and cooler, keg cooler, 10 beers on tap, 2 wine taps, and a 3-compartment frozen drink machine. Additional features include an on-site laundry area and carwash. The sale includes the real estate, business, and all equipment. The current owners are willing to train new owners to ensure a seamless transition so you can be up and running by Summer 2026. This property presents an opportunity to continue its legacy as a restaurant or bring a new vision to the location.

Key Highlights

  • Turnkey Business: Includes real estate, established Kip's Grill business, and all equipment for immediate operation.
  • High‑Capacity Entertainment Venue: Seating for 165 guests, private upstairs bar, and inviting outdoor patio.
  • Prime Location: Iconic property in the heart of town at the corner of 5th and Main.

Property Analytics

Current Use

Bars & Pubs

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby

Demographics for 81130, CO

800
Population
1,346
Households
0.6
Avg Household Size
58
Median Age
54%
College-Educated
98%
High-School Grad
974.8 sq mi
ZIP Area
1
Density / Sq Mi
$52,461
Median Household Income
$27,695
Median Earnings
$903
Median Rent
$404,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • Cascada Bar & Grill and Cabins 981 La Garita St, Creede, CO 81130
  • Sunnyside Bar Beer & Wine 102 S Main St, Creede, CO 81130

Frequently Asked Questions

What type of property is this?
Bar & Pub - Thriving restaurant and bar with established reputation and loyal following.
Where is this bar & pub located?
The property is located at 101 E 5th St Creede, CO.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Turnkey Business: Includes real estate, established Kip's Grill business, and all equipment for immediate operation.; High‑Capacity Entertainment Venue: Seating for 165 guests, private upstairs bar, and inviting outdoor patio.; Prime Location: Iconic property in the heart of town at the corner of 5th and Main.
(719) 849-3298 Call to check price and availability
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