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Home » Real Estate » CO » Oak Creek » 80467 » 240 Arthur Avenue, #1, Oak Creek, CO, 80467
$999,500

240 Arthur Avenue, #1, Oak Creek, CO, 80467

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.
Offered By
Kevin Dietrich, The Group Real Estate, LLC

Property Details

Property Type Commercial Sale
Status Pending
MLS # S1062671

Market Trends

New Properties On Market
23
15% Increase In New Listings
Average Asking Price
$613,043
$28,648 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$266
$33 Increase In List Price/Sq. Ft.
Average Days On Market
5
5 Day Decrease In Days On Market
Data as of Jun 03, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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