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.
| MLS # | S1062671 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1991 |
| Days On Site | 333 |
| Listing Provided By | The Group Real Estate, LLC | Kevin Dietrich |
| SQ Feet | 16,608 |
|---|---|
| Zoning | Commercial |
| Acreage | 0.72 |
| Lot Features | Corner Lot |
|---|
| Parking Features | Driveway |
|---|
| State | CO |
|---|---|
| County | Routt |
| City | Oak Creek |
| Zip Code | 80467 |
| Area | Oak Creek | Phippsburg | Yampa |
| Community Name | OAK CREEK |
| State | CO |
|---|---|
| County | Routt |
| City | Oak Creek |
| Zip Code | 80467 |
| Area | Oak Creek | Phippsburg | Yampa |
| Community Name | OAK CREEK |