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    101 5th Street

    Creede, CO 81130
    • $895,000
    • STATUS: Active
    • ON SITE: 76 Days
    • MLS #: 785430
    UPDATED: 14 min ago
    $895,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,543
      SQFT
    • $161
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1946
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Broken Arrow Ranch & Land Company.


    Description

    The building at The Corner of 5th and Main, currently occupied by Kips Grill, has had many tenants. It began as The Old Creede Standard Gas Station and over the years has housed beauty parlors, a smoothie bar, a chicken restaurant, a Yoga Studio, The M Lounge and various other businesses. Kips Grill purchased the building in 2006 and has been a marquee business in Creede ever since. 101 5th Street is the first noticeable building you see as you turn right off of Highway 149 and head into town. The building itself has several different "rooms inside of it. There is over 6000 square feet of space. Its uses are limitless. Currently there is a large office and dry storage area. The downstairs horseshoe bar seats 20 and has ample coolers for kegs and cold beverages. Behind the bar is a laundrymat. Yes, you can drink a beer while you wash your clothes! Behind the bar to the east is a walk in cooler with a ten tap keg system. It is spacious and can hold upward of 20 kegs and bottles and canned beverages. There is also a separate walk in cooler and a walk in freezer for storing food. West of the bar there is a bathroom and two bar tables as well as a heavily played pool table and shuffleboard table. Beyond that is a small room where they sell merchandise and it has a table for four. This small room has an entrance from the patio. The main inside dining room is south of there and has 5 tables with plenty of space for moving around. The outdoor patio has ample seating and a small stage area that is a perfect spot for playing live music. The upstairs has a full bar with 6 seats, a bathroom and 6-8 tables. It was recently remodeled and has a very high end and rustic feel. The sale also includes the car wash on the east side of the building. Kips Grill has enjoyed massive success in this location and has established 101 5th Street as a "must-stop for tourists and locals alike. It could be purchased and a new restaurant started or it could be something entirely different. The upstairs has been successfully rented out as its own entity to a third party. It has also been rented out year round for private parties. It is the nicest rentable option in Creede to have a party. This location is a slam dunk for any kind of business and with more accessible parking then northern main street, it is easily accessed by everyone. Dont miss the chance to make 101 5th Street yours! Endless possibilities await!

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    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than Berkshire Hathaway HomeServices Western Colorado Properties contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2021-10-20T14:56:28.43.
    www.homesforsaledurango.com/homes/120065986
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    101 5th Street Creede, CO 81130

    • Price: $895,000
    • Status: Active
    • Updated: 14 min ago
    • MLS #: 785430
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    5,543
    SQFT
    $161
    $/SQFT
    1946
    Built
    Neighborhood:
    Creede
    County:
    Mineral
    Area:
    Creede
    Property Description
    The building at The Corner of 5th and Main, currently occupied by Kips Grill, has had many tenants. It began as The Old Creede Standard Gas Station and over the years has housed beauty parlors, a smoothie bar, a chicken restaurant, a Yoga Studio, The M Lounge and various other businesses. Kips Grill purchased the building in 2006 and has been a marquee business in Creede ever since. 101 5th Street is the first noticeable building you see as you turn right off of Highway 149 and head into town. The building itself has several different "rooms inside of it. There is over 6000 square feet of space. Its uses are limitless. Currently there is a large office and dry storage area. The downstairs horseshoe bar seats 20 and has ample coolers for kegs and cold beverages. Behind the bar is a laundrymat. Yes, you can drink a beer while you wash your clothes! Behind the bar to the east is a walk in cooler with a ten tap keg system. It is spacious and can hold upward of 20 kegs and bottles and canned beverages. There is also a separate walk in cooler and a walk in freezer for storing food. West of the bar there is a bathroom and two bar tables as well as a heavily played pool table and shuffleboard table. Beyond that is a small room where they sell merchandise and it has a table for four. This small room has an entrance from the patio. The main inside dining room is south of there and has 5 tables with plenty of space for moving around. The outdoor patio has ample seating and a small stage area that is a perfect spot for playing live music. The upstairs has a full bar with 6 seats, a bathroom and 6-8 tables. It was recently remodeled and has a very high end and rustic feel. The sale also includes the car wash on the east side of the building. Kips Grill has enjoyed massive success in this location and has established 101 5th Street as a "must-stop for tourists and locals alike. It could be purchased and a new restaurant started or it could be something entirely different. The upstairs has been successfully rented out as its own entity to a third party. It has also been rented out year round for private parties. It is the nicest rentable option in Creede to have a party. This location is a slam dunk for any kind of business and with more accessible parking then northern main street, it is easily accessed by everyone. Dont miss the chance to make 101 5th Street yours! Endless possibilities await!
    Exterior Features

    Acreage Range Less Than 1/2 Carport No Lot Dimension 100 X 68 X 100 X 67 Parking On Street Property Description Corner Roof Metal Sewer Public Sewer Installed Stories 2 Street Description City/TownPaved Water Public Water Well No Waterfront YN No

    Interior Features

    Finished Sq Ft 5543 One Quarter Baths 0 Total Offices 0

    Property Features

    Books Available No Cam No Covenants No Current Use Restaurant Exchange Trade No Existing Utilities ElectricInternet Fixtures Included No Inventory Included No Lease Included No New Construction YN No Owners Association No Possible Property Use Bar/LoungeConvenience StoreMixed-UseOffice WarehouseOtherRestaurantRetail Storefront Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2020 Total Taxes 6117 Type Business Opp Available Variable Rate No Water Rights No Zoning Type Business

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than Berkshire Hathaway HomeServices Western Colorado Properties contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2021-10-20T14:56:28.43.
     
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    Berkshire Hathaway HomeServices Western Colorado Properties
    842 Main Ave
    Durango CO, 81301
    Listing courtesy of Broken Arrow Ranch & Land Company.