Active

120 & 122 Elk Avenue Unit: 1-11

Crested Butte CO, 81224

$7,000,000


$893.43 per sqft

Active

5.25 Baths

7,835 sqft

Commercial

Built in 1890

A special high profile mixed use commercial-residential opportunity on Elk Avenue in the west end of town, Penelopes is available for the first time since the historic restaurant property was completely redeveloped in 2007. Currently home to Asian Ryce Bistro, Chopwood, Creekside Spa, ID Studio and a beautiful 2,100 SF, 3 bed luxury home on Coal Creek known as the Penthouse, 120 and 122 Elk Avenue comprise 11 total units and 7,835 SF. The two-building property straddles the creek with patios, walkways and a footbridge. From the Elk Avenue sidewalk a ADA walkway and a big patio serve the restaurant, bar and the upstairs professional spaces access while the retail space enjoys covered porch access right off the sidewalk. The private alley in the rear serves the Penthouse, two garage spaces and three ground floor-patio office spaces. Leases in place with current tenants.

811788

MLS ID

March 21, 2024

Listed

April 8, 2024

Updated

Map

120 & 122 Elk Avenue Unit: 1-11
Crested Butte CO, 81224

Interior Features

Total Stories

2


Bathrooms

5.25 Baths


Floor Description

Carpet, Tile, Wood


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas, Radiant Floor

Exterior/Building Features

Lot Size

0.23 Acres


Roof

Metal


Sewer

Connected, Public Sewer

Other Property Details

Area Name

Crested Butte


Taxes

$40,984


Tax Frequency

Annually


Days on Market

17


Association Fee

Not Listed


Garage

No


Parking

Off Street, Rear Side Off Street


View

No


County

Gunnison


Water Source

Public


Pool

No

Courtesy of LIV Sotheby's International Realty - CB with
Listing Contact: 970-596-3228 


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Data last updated on: 4/8/2024

 

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