Oak Creek Redevelopment
For Sale
$999,500
Pending
240 Arthur Avenue #1, Oak Creek, CO 80467
Commercial/industrial building in Oak Creek, prime for redevelopment.
Property Size16,608 SF
Lot Size0.72 Acres
Days on Market342
Property Features for 240 Arthur Avenue #1
General Information
Standard status
Pending
Size
16,608 SF
Lot size
0.72 Acres
Property subtype
Commercial
Amenities
Central air
Metal Roof
Central Air Cooling
Central Heating
Driveway
Hot Water Heating
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: Aug 26
Last Checked: Aug 14 at 7:22AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80467, CO
2,302
Population
1,338
Households
1.7
Avg Household Size
43
Median Age
51%
College-Educated
96%
High-School Grad
277.6 sq mi
ZIP Area
8
Density / Sq Mi
$101,300
Median Household Income
$53,824
Median Earnings
$1,413
Median Rent
$644,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
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.
