240 Arthur AVE #1 new Save Request In-Person Tour Request Virtual Tour
Oak Creek,CO 80467
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Oak Creek
MLS Listing ID S1062671
Year Built 1991
Lot Size 0.720 Acres
Property Description
16,608 sq ft commercial/industrial building on a .72-acre lot in Oak Creek, Colorado. This property presents a prime redevelopment opportunity. With a critical housing shortage in the Yampa Valley, this large, corner-lot site could be reimagined for condominiums or apartments, capitalizing on strong demand in today's market. The nearby Stagecoach Mountain development, with lots expected to sell for $4M and homes projected in the $10–30M range, will stimulate the Oak Creek economy and create even greater demand for local housing, making this property an ideal long-term investment.
Located only 20 minutes South of the thriving city of Steamboat Springs, 10 minutes from the Stagecoach State park and 1 hour from the I-70 corridor, making it centrally located for various types of uses.
The building has been extensively 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 highly functional, efficient, and modernized facility.
Location
State CO
County Routt
Area Oak Creek/Phippsburg/Yampa
Interior
Heating Central, Hot Water
Inclusions No
Exterior
Parking Features Driveway
Utilities Available Electricity Available, Sewer Available, Sewer Connected, Water Available
Roof Type Metal
Building
Lot Description Corner Lot
Dwelling Type Industrial
Foundation Poured
Sewer Public Sewer
Water Public
Others
Pets Allowed Yes
Virtual Tour https://iplayerhd.com/player/video/a118594b-417d-41ae-8fde-ddfd0756222e/share