$2,400,000

501 Elk Avenue

Crested Butte CO, 81224

Description

Exceptional, prime business corner. High visibility corner business property. B3 zoning. Located one block from the bus stop, the Chamber of Commerce, library, and Town Hall. Everyone entering town passes here. Location, location, location! The current occupant is moving out of the front 3265.5 sq ft of Elk Avenue frontage. The tenants in the suites along 5th St. are all staying in place. Crested Butte is a vibrant mountain resort community, designated a National Historic District. 3265.5 sq ft of vacant Elk Ave frontage, just waiting for a new business. Large windows and an inviting front porch give great visibility for any business venture here. Create your own new business, relocate here, or give a tenant an opportunity for a good location. There is off street parking in back. Each space along 5th st has its own entrance and its own restroom. ADA access and all ground floor space. Dont miss this opportunity. This is NOT an REO sale. The bank that owns it is closing the Crested Butte branch, and moving all operations to their Gunnison office. The Real Estate is for sale, including the currently rented shop/office spaces along 5th St. Ideal for retail, food service, arts, crafts, service businesses, medical or dental, and more. How about a music venue? Current owner replaced all sewer lines, roof, flooring, and upgraded restrooms. High visibility and good foot traffic. With the recent losses of two long time favorite restaurants there is a great opportunity for a new restaurant, under conditional use and with town approval. This was the former home of Angelos pizza, Italian/sandwich restaurant. Some of the guts are still in place.

Details

MLS#768360
Listing TypeFor Sale
StyleIQWeb_Mixed Use
Sub-TypeResale
StatusActive
Year1990
Days On Site194

Features

SQ Feet4,610
Story(s)1
Units6
ZoningB3
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Area Information
StateCO
CountyGunnison
CityCrested Butte
Zip Code81224
AreaCrested Butte
Listing VS Median (in 81224)
Price:
$2,400,000
low | high
Med:
$529,000
100% of Average
SqFt:
4,610
low | high
Med:
1,069
100% of Average
$ / SqFt:
$521
low | high
Med:
$495
54.946601184908% of Average
On Site:
194
low | high
Med:
22
100% of Average
Listing Updated: 10/20/2020
Reggie Masters LogoMLS Number: 768360
Listing Provided By:
Reggie Masters  of  Coldwell Banker Mountain Properties

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