107 Main St Creede, CO 81130
This exceptional 945-square-foot retail property, located at 107 N MAIN Street in the heart of Creede, Colorado, presents a unique investment opportunity. Situated on a 0.03-acre lot, this building boasts a rich history, having previously served as Creede's post office. Recently updated within the last two years, the property features brand new electrical and plumbing systems, a completely new roof, and a fresh exterior paint job. These modern upgrades seamlessly blend with the building's historic charm, creating a versatile space ready for its next chapter. Currently occupied by The Blue Yak, the property's adaptable layout offers potential for a variety of uses, including retail, restaurant, or office space. Its prime Main Street location ensures high visibility and significant foot traffic, making it an ideal choice for entrepreneurs seeking to establish a presence in Creede's thriving downtown area. The property's location within the vibrant community offers excellent potential for growth and success. Don't miss this chance to own a piece of Creede's legacy and build your future in this captivating mountain town. The asking price is $595,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.