101 5th, Creede, CO 81130

$895,000
5,543
SqFt

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!

Courtesy of Broken Arrow Ranch & Land Company

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