101 5th Street

Description

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 Creedes most recognized and successful businesses. Known today as Kips 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. Kips 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 Creedes most visible properties, 101 5th Street is a rare chance to own a piece of Main Street history, along with a thriving, proven business.