Commercial Sale · Pending

240 Arthur Avenue 1

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

Last updated: 3/11/2026 9:09 AM · Source: Altitude MLS, MLS#: S1062671

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Property Details

Key Details

Property Type Commercial Sale
Status Pending
Subdivision OAK CREEK
MLS # S1062671
Days on Market 389

More Details

Year Built 1991
Lot Size (Sq Ft) 31,363
Acres 0.72
State CO
County Routt

Interior

Heating Central, Hot Water
Cooling Central Air

Exterior & Parking

Parking Features Driveway
Roof Metal

Building & Lot

Lot Features Corner Lot
Sewer Public Sewer
Water Source Public

Location

Price History

DateEventPrice
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

Copyright © 2026 SAR MLS. The information displayed herein was derived from sources believed to be accurate, but has not been verified by SAR MLS. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers' personal, non-commercial use. Any republication or reproduction of the information herein without the express permission of the SAR MLS is strictly prohibited.

Listing information last updated March 11, 2026 at 9:09 AM.

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