Oak  Creek, CO 80467,240 Arthur AVE #1
Oak  Creek, CO 80467,240 Arthur AVE #1
Oak  Creek, CO 80467,240 Arthur AVE #1
Oak  Creek, CO 80467,240 Arthur AVE #1
Oak  Creek, CO 80467,240 Arthur AVE #1
Oak  Creek, CO 80467,240 Arthur AVE #1
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$ 1,825,000
Est. payment | /mo

0.72 Acres Lot


$ 1,825,000
Est. payment | /mo

0.72 Acres Lot

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

Acres 0.72

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

Direction 240 Arthur is located in central Oak Creek.

Interior

Heating Central, Hot Water

Inclusions No

Fireplace No

Exterior

Parking Features Driveway

Utilities Available Electricity Available, Sewer Available, Sewer Connected, Water Available

Water Access Desc Public

Roof Type Metal

Street Surface Dirt,Gravel

Building

Lot Description Corner Lot

Dwelling Type Industrial

Foundation Poured

Sewer Public Sewer

Water Public

Others

Pets Allowed Yes

Tax ID 278400001

Pets Allowed Yes

Virtual Tour https://iplayerhd.com/player/video/a118594b-417d-41ae-8fde-ddfd0756222e/share

Summit County MLS (SARMLS)
Listed by The Group Real Estate, LLC (970) 870-8800

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240 Arthur AVE #1