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Oak Creek Redevelopment Opportunity

240 Arthur Avenue #1 Oak Creek, CO 80467

240 Arthur Avenue #1, Oak Creek, CO, 80467
$999,500
For Sale
$999,500

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

Property Size16,608 SF
Lot Size0.72 Acres
Price / SF$60.18
Days on Market296

Property Features for 240 Arthur Avenue #1

General Information

Standard status
Active
Size
16,608 SF
Lot size
0.72 Acres
Property subtype
Commercial

Building Details

Year Built
1991
Listing Agency THE GROUP REAL ESTATE, LLC
Listed by KEVIN DIETRICH
Source Corcoran
Added: Sep 25, 2025 Checked: Jul 17 at 3:24 am

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

Suggested Use

Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Storage Facility Garden Center Catering Service Dental Office HVAC Service Hair Salon Nail Salon

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

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.
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