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$895,000
3 Days On Site

101 5th Street
Creede, CO 81130

For Sale|Business|Active
0
Beds
1
Total Bath
2
Partial Baths
4,217
SqFt
$212
/SqFt
1946
Built
County:
Mineral
Listing courtesy of Anne Pizel of Broken Arrow Ranch & Land Company
Call Now: 970-799-4001
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970-799-4001
101 5th Street101 5th Street101 5th Street101 5th Street
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Smack dab in the heart of town at the corner of 5th and Main, this iconic 4,217 sq ft commercial property is home to one of Creede’s most recognized and successful businesses. Known today as Kip’s Grill, this location has long been a cornerstone of Main Street and a must-stop for locals and visitors alike. Originally built as the Old Creede Standard Gas Station, the building has evolved with the town, hosting everything from beauty parlors to a yoga studio—before becoming the thriving restaurant and bar it is today. With seating for up to 165 guests, a private upstairs bar (with potential for rental income), and an inviting outdoor patio, this property is built for entertainment and atmosphere. Inside, guests enjoy a spacious game area with pool, darts, foosball, shuffleboard, and Pac-Man. The kitchen and bar are fully equipped for a smooth transition to new ownership: large walk-in freezer and cooler, keg cooler, 10 beers on tap, 2 wine taps (currently for house margaritas), and a 3-compartment frozen drink machine. Additional features include an on-site laundry area and carwash. The sale includes the real estate, business, and all equipment, a true turnkey operation. Kip’s Grill has been in operation for nearly 30 years and enjoys an established reputation and loyal following. The current owners are willing to train new owners to ensure a seamless transition so you can be up and running by Summer 2026. Whether you continue its legacy as a favorite local restaurant or bring a new vision to one of Creede’s most visible properties, 101 5th Street is a rare chance to own a piece of Main Street history, along with a thriving, proven business.

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Listing Snapshot
Price 
$895,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,217 sqft
Total Baths 
1
Full Baths 
N/A
Partial Baths 
2
Lot Size 
0.25 Acres
Year Built 
1946
MLS® Number 
829376
Status 
Active
Property Tax 
$7,093
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
0.25
Parking 
On Street
Property Sub Type 
Business
SqFt Total 
4217
Water Source 
Public
Zoning 
Business
Interior Features
Heating 
Propane
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Exterior Features
Lot Features 
Corner Lot
Roof 
Metal
Community Features
MLS Area 
Creede
Listing courtesy of Anne Pizel of Broken Arrow Ranch & Land Company



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data is 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.
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Last checked: 2025-10-25 12:41 PM UTC

Neighborhood & Commute
Source: Walkscore
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Realtor®
License# 100065255
Cell: 970-799-4001

743 Main Avenue
Durango, CO 81301
Office: 970-624-0444