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240 Arthur Ave, Unit 1 Oak Creek, CO 80467

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For Sale
$999,500

Commercial/industrial building in Oak Creek, prime for redevelopment.

Property Features for 240 Arthur Ave

General Information

Standard status
Active

Building Details

Year built
1991

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Listing Contact
Kevin Dietrich
Kevin Dietrich
Source: Corcoran

Listing Agency: THE GROUP REAL ESTATE, LLC Listing Agent: Kevin Dietrich

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Oak Creek Redevelopment Opportunity

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.
Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Bakery

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Oak Creek
County
Routt
State
Colorado
Longitude
-106.86
Latitude
40.2142

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 Ave, Unit 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.
More about this property
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