704 Ln Garita St Creede, CO 81130
- Retail properties
- 3,710 SF
- 0.75 lot acres
Current Use by Public Records
- Retail properties
Property Details for 704 Ln Garita St
- Year built
- 1949
- Lot size
- 0.75 lot acres
- Property size
- 3,710 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Creede
- County
- Mineral
- State
- Colorado
- Longitude
- -106.924
- Latitude
- 37.8482
