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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

704 Ln Garita St Creede, CO 81130

3,710 SF 0.75 ac lot Built 1949
Property ID
Property summary
AI-generated overview

This exceptional Creede, CO property offers a unique investment opportunity. The 0.75-acre lot boasts 200 feet of Highway 149 frontage, ensuring high visibility for any business. The existing 3,710 square foot commercial building, built in 1949, features hardwood floors and some commercial kitchen equipment, ideal for a restaurant or bar. The property includes 11 city lots, zoned for both commercial and residential use, presenting diverse development potential. Year-round access is provided, along with city water, sewer, and electric utilities. The stunning mountain views and location on the main thoroughfare leading into Creede from South Fork and Lake City make this a highly desirable location with significant traffic flow. This property presents a rare chance to own a substantial piece of Creede's commercial landscape, offering immediate income potential and long-term development possibilities. The property's size and zoning flexibility allow for a wide range of uses, from expanding the existing business to creating additional commercial spaces or residential units. This is a truly remarkable opportunity in a vibrant mountain community.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1949
Total area 3,710 SF
Lot 0.75 ac (32,714 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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