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120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
120 & 122 Elk Avenue Unit: 1-11
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$7,000,000

120 & 122 Elk Avenue Unit: 1-11

8 Baths 7,835 Sq.Ft.

Description

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.

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Location

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

Status

For Sale
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 120 & 122 Elk Avenue Unit: 1-11, Crested Butte, CO 81224. We are reviewing your request and will be in touch shortly!
Channing Boucher

Channing Boucher

TITLE

Broker Associate

Property Amenities

Interior
Flooring Carpet, Tile, Wood
Half Bathrooms: 5
Three-Quarter Bathrooms: 1
Full Bathrooms: 2
Area & Lot
Lot Area 10,018.8 Sq.Ft.
Living area 7,835 Sq.Ft.
MLS® ID 811788
Year Built 1890
Water Frontage Creek
Type Commercial
Status For Sale
Exterior
Stories 2
Heat type Natural Gas, Radiant Floor
Water Source Public
Sewer Connected, Public Sewer
Parking Off Street, Rear Side Off Street
Roof Metal
Utilities Electricity Available, Natural Gas Connected, High Speed Internet Available
Finance
Sales Price $7,000,000
Real Estate Tax $40,984 yearly

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