Oak Creek Redevelopment
240 Arthur Avenue #1 Oak Creek, CO 80467
For Sale
$999,500
Pending
Commercial/industrial building in Oak Creek, prime for redevelopment.
Property Size16,608 SF
Lot Size0.72 Acres
Days on Market304
Property Features for 240 Arthur Avenue #1
General Information
- Standard status
- Pending
- Size
- 16,608 SF
- Lot size
- 0.72 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1991
Listing Agency:
THE GROUP REAL ESTATE, LLC
(970) 870-8800
Listed By:
KEVIN DIETRICH
Source:
Corcoran
Added: Sep 25, 2025
Changed: Jul 10
Last Checked: Jul 23 at 9:46AM
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 THE GROUP REAL ESTATE, LLC
Investment Insights
Based on property information with market context.
Located in Oak Creek, Colorado, this 16,608 sq ft commercial/industrial building sits on a 0.72-acre lot and presents a redevelopment opportunity. The property, situated on a large corner lot, could be redeveloped for condominiums or apartments. The Stagecoach Mountain development nearby, with lots expected to sell for $4M and homes projected in the $10–30M range, may stimulate the Oak Creek economy and create demand for local housing. The property is located 20 minutes south of Steamboat Springs, 10 minutes from Stagecoach State Park, and 1 hour from the I-70 corridor. The building has been upgraded with modern electrical distribution, over 60 tons of air conditioning, 10 tons of dehumidification, spray-foam insulation, FRP wall finishes, sprinkler and fire suppression systems, and efficient two-bay loading docks. Interior features and infrastructure make the property suitable for warehouse, industrial, light manufacturing, laboratory, or food production use. Recent expansions, including two second-story additions, bring the building to its current size. Improvements represent well over $1.5 million in capital investment since 2015, resulting in a functional, efficient, and modernized facility.
Key Highlights
- Prime redevelopment opportunity in Oak Creek, addressing critical housing shortage in the Yampa Valley.
- Strategic location: just 20 minutes from Steamboat Springs and 10 minutes from Stagecoach State Park.
- Significant capital improvements: Over $1.5 million invested since 2015, resulting in a modernized facility.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Commercial/industrial building in Oak Creek, prime for redevelopment.
Where is this flex space located?
The property is located at 240 Arthur Avenue #1 Oak Creek, CO.
What is the asking price?
The asking price for this property is $999,500.
What are key features of this property?
This property features: Prime redevelopment opportunity in Oak Creek, addressing critical housing shortage in the Yampa Valley.; Strategic location: just 20 minutes from Steamboat Springs and 10 minutes from Stagecoach State Park.; Significant capital improvements: Over $1.5 million invested since 2015, resulting in a modernized facility.
