This versatile business property offers endless possibilities and a prime location right on Creede's historic Main Street! With a rich history, it was once a beloved bakery and coffee shop, known for serving the best Belgian waffles in town. More recently, it was home to the popular Ooh La Spa. Today, the space has been transformed into a charming Airbnb featuring 3 bedrooms and 1.5 baths, offering guests a cozy retreat in the heart of Creede. Whether you envision it as the home of your new business or prefer to continue operating it as a rental property, the choice is yours. Its central location puts it within walking distance of Creedeâ??s famous shops, restaurants, and grocery stores, as well as the renowned Creede Repertory Theater. This is a rare opportunity to own a property that can adapt to your needs, while also being part of the vibrant and bustling Main Street atmosphere. Come check out this Main Street gem today.
Fantastic business opportunity in Historic Creede, CO. The building includes a ground level retail space, a mezzanine for work space and storage, and a great 2 bedroom , 2 bathroom apartment over commercial retail store. New flooring, bathrooms, new roof in 2025, new plumbing in 2025, new windows in 2023 and a new hot water heater in 2022. Apartment is partially furnished. Separate entrance from retail shop. The current retail space is a gift shop, clothing store and quilting/sewing center. This thriving business may be purchased separately with the building/real estate. The building offers excellent visibility, and easy access off Main Street. This is your perfect live-work-play lifestyle.
Commercial Property on Main Street in Creede, Colorado. This property has two successful retail shops, two apartments, kiosk, work shop and storage. Each retail shop has a 1/2 bath for convenience. This could be a live and work property or rent out each section individually. The property has 3 commercial water taps from the city of Creede which makes the ideas and opportunities endless. Inventory of both retail shops may be purchased separately, with the purchase of the property. Presently the 2 apartments are rented as well as the kiosk.
The building at The Corner of 5th and Main, currently occupied by Kipâs 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. Kipâs 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 âroomsâ 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. Kipâs Grill has enjoyed massive success in this location and has established 101 5th Street as a âmust-stopâ 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. Donât miss the chance to make 101 5th Street yours! Endless possibilities await!
This 2500 sq. ft. building is located at 102 North Main St., in the thick of tourist traffic, in historic Creede, Colorado. The building is divided into two separate and operating retail spaces, but a common interior door could make this a large operating space. 1. Elk Country Boutique on the corner of the building is a T-shirt Shop. 2. Creede Olive Oil Shop. Both businesses draw visitors as they walk the town shopping for unique gifts. Utilities include electric, pellet stove, Creede water & sewage, and phone. Each business has its own electrical meter and is paid for by that tenant. RECAP RATE: 1. Elk Country Boutique T-shirt Shop has an extremely high recap rate but will need to be kept as a T-shirt shop to obtain maximum income on the building. 2. Creede Olive Oil shop rents for $1300 per month year-round. The estimated total recap rate based on the above description is 15% to 20% annual return on investment. This historic building is located on Main Street in Creede, Colorado, and is a thriving business. Creede is a major vacation destination and sportsmenâs dream paradise. Creede has all the small-town conveniences with high Rocky Mountain Views in all directions. The History of Creede as an old silver mining town is captivating and riveting. Creede Repertory Theater is a big attraction all summer and thousands of people attend live plays. From rock and mineral hounds to Elk/Deer hunters, fishermen, and sightseers, Creede is an enthralling place.
Creede is located in Colorado. Creede, Colorado has a population of 820. Creede is less family-centric than the surrounding county with 18.26% of the households containing married families with children. The county average for households married with children is 21.31%.
The median household income in Creede, Colorado is $55,069. The median household income for the surrounding county is $55,556 compared to the national median of $69,021. The median age of people living in Creede is 51.4 years.
The average high temperature in July is 74.1 degrees, with an average low temperature in January of -1.1 degrees. The average rainfall is approximately 17.9 inches per year, with 175.1 inches of snow per year.
