Big slice of downtown Morrison hits market for $15M

Published: Tuesday, May 27, 2025 at 9:00 pm

Downtown Morrison Block Hits Market for $15 Million: A Slice of History Up for Grabs

A significant piece of downtown Morrison, Colorado, is up for sale, presenting a rare opportunity for investors. Business owner Dave Killingsworth has listed his 1.3-acre block along Bear Creek Avenue for a hefty $15 million. The property, encompassing 12,400 square feet of building space, includes two parking lots, two restaurants, an upholstery shop, three rental units, and the iconic Morrison Holiday Bar, which Killingsworth has owned since 2006.

Killingsworth, a former Navy veteran and USAID disaster relief coordinator, emphasizes the unique nature of the offering. His broker, Phil Yeddis of Unique Properties, confirms this is the largest parcel ever to hit the market in downtown Morrison. The property has been in the Killingsworth family since the early 1970s, when his mother and another woman, facing significant financial hurdles due to their divorced status, acquired the initial commercial properties.

Killingsworth has invested heavily in the property over the years, including extensive renovations to the Holiday Bar, such as a sprawling three-story patio. He's open to selling the entire package, including the bar, but is prepared to continue operating the businesses if a suitable offer isn't received. His relaxed attitude stems from his experiences in the Navy and with USAID, where he witnessed global crises. He aims to create a functional and enjoyable space for the community.

BNN's Perspective: This listing represents a significant investment opportunity in a desirable location. While the price tag is substantial, the potential for development and the unique character of the property could attract a variety of buyers. The owner's willingness to remain involved if necessary suggests a commitment to the community and a realistic approach to the sale. The history of the property, and the owner's background, add an interesting layer to the story.

Keywords: Morrison Colorado, real estate, commercial property, downtown Morrison, Bear Creek Avenue, Morrison Holiday Bar, property for sale, Dave Killingsworth, Unique Properties, Phil Yeddis, investment opportunity, business for sale, Red Rocks Amphitheatre, Colorado real estate, commercial listing, bar for sale, restaurant for sale, upholstery shop, rental units, Navy veteran, USAID, disaster relief.

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