A mixed-use property located in the heart of Morrison recently went on sale with an asking price of $15,000,000. The property includes two locations: 401-417 Bear Creek Ave and 109 Mill Street. According to the Jefferson County Assessor’s Office, the current owner of the property is Morrison Venture IV LLC, registered with the Colorado Secretary of State in 2017 by David Killingsworth.
The property was added to the market on May 9, 2025. It features a total square footage of 12,434 net rentable square feet, with a price per square foot of $1,206.37. The site includes 6 units across 3 buildings and 2 stories, situated on a 1.25-acre lot with 58 parking spaces available.
Unique Properties, Inc describes the listing as a “once-in-a-generation opportunity to acquire a rare mixed-use property in one of the state’s most charming and highly trafficked tourist destinations.” The assemblage includes over 10,000 square feet of retail space and three residential units. The property is located on the historic main street of Morrison, offering approximately 170 feet of street frontage.
The site is zoned in the Historic District (HD), allowing for a mix of residential, retail, and redevelopment uses, which may be attractive to investors, developers, or users looking to create a long-lasting asset. The area sees up to 15,000 visitors on peak weekends and is in close proximity to landmarks such as Red Rocks Amphitheatre, Dinosaur Ridge, and Bear Creek Lake Park Trail.
The retail space is approximately 10,389 square feet, while the residential units include 417 Bear Creek at 805 square feet and 109 Mill Street at 743 square feet. The listing agent for this property is Phillip Yeddis at Unique Properties Inc.