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Mixed-Use Property in Historic District
For Sale
$12,000,000

401 Bear Creek Ave, Morrison, CO 80465

Rare mixed-use property with redevelopment potential in a high-traffic tourist destination.

Property SizeContact for details
Days on Market333

Property Features for 401 Bear Creek Ave

General Information

Standard status Active
Property subtype Retail & Residential
Listing Agency: Unique Properties, Inc
Listed By: Phillip A. Yeddis · License #EA.000249481
Source: Tcnworldwide
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 23 at 3:42AM

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 Unique Properties, Inc

Investment Insights

Based on property information with market context.

This mixed-use property is located on the historic main street of Morrison, a popular tourist destination. The 1.25-acre site includes approximately 10,000 square feet of retail space and three residential units, totaling 12,434 square feet. The property has approximately 170 feet of frontage and is zoned in the Historic District (HD), allowing for a mix of residential, retail, and future redevelopment uses. The site offers 58 private off-street parking spaces. Morrison attracts up to 15,000 visitors on peak weekends and is home to destinations like Red Rocks Amphitheatre, Dinosaur Ridge, and Bear Creek Lake Park Trail. The property includes the Historic Morrison Holiday Bar and Red Rocks Grill, offering flexibility for a new owner-user/operator, with the added opportunity for the current tenant to consider restructuring the existing lease. The property is suitable for investors, developers, or owner-users.

Key Highlights

  • Rare 1.25‑acre mixed‑use property in the heart of downtown Morrison, a high‑traffic tourist destination.
  • Approximately 170 feet of HIGH‑VISIBILITY frontage on Bear Creek Avenue.
  • Includes over 10,000 SF of retail space and three residential units.

Property Analytics

Current Use

Mill Street Eats Restaurant

Suggested Use

Top Pick HVAC Service Plumbing Service Auto Parts Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 98% Apparel 2%
Phillips 66 Shops & Services
21,985 visits/mo 0.5 miles
Sinclair Shops & Services
2,767 visits/mo 0.1 miles
Sundance Apparel
418 visits/mo 0.1 miles

Demographics for 80465, CO

16,196
Population
6,505
Households
2.5
Avg Household Size
44
Median Age
53%
College-Educated
96%
High-School Grad
43.4 sq mi
ZIP Area
373
Density / Sq Mi
$130,455
Median Household Income
$60,798
Median Earnings
$2,270
Median Rent
$628,800
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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Rare mixed-use property with redevelopment potential in a high-traffic tourist destination.
Where is this mixed-use property located?
The property is located at 401 Bear Creek Ave Morrison, CO.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Rare 1.25‑acre mixed‑use property in the heart of downtown Morrison, a high‑traffic tourist destination.; Approximately 170 feet of HIGH‑VISIBILITY frontage on Bear Creek Avenue.; Includes over 10,000 SF of retail space and three residential units.
More about this property
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