Commercial Sale · Pending
Oak Creek, CO 80467
0 Baths
$999,500
Commercial Sale
Property Type
0.72 acres
Lot Size
1991
Year Built
S1062671
MLS #
About This Property
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.
389 days on market
Listed by Kevin Dietrich & Randall Hannaway · The Group Real Estate, LLC · (970) 870-8800
Property Details
| Property Type | Commercial Sale |
| Status | Pending |
| Subdivision | OAK CREEK |
| MLS # | S1062671 |
| Days on Market | 389 |
| Year Built | 1991 |
| Lot Size (Sq Ft) | 31,363 |
| Acres | 0.72 |
| State | CO |
| County | Routt |
| Heating | Central, Hot Water |
| Cooling | Central Air |
| Parking Features | Driveway |
| Roof | Metal |
| Lot Features | Corner Lot |
| Sewer | Public Sewer |
| Water Source | Public |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 3/11/2026 |
Pending Source: Altitude MLS #S1062671 |
— |
| 11/11/2025 |
Price change Source: Altitude MLS #S1062671 |
$999,500 -23.1% |
| 10/19/2025 |
Price change Source: Altitude MLS #S1062671 |
$1,300,000 -28.8% |
| 9/25/2025 |
Listed for sale Source: Altitude MLS #S1062671 |
$1,825,000 |
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