226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
226 Elk Avenue
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$6,000,000

226 Elk Avenue

2 Baths 5,454 Sq.Ft.

Description

It doesn't get any better than this location in Crested Butte's commercial core. 226 Elk Avenue, home to Elk Avenue Prime, is for sale along with all of the business assets. This is Crested Butte's largest and best designed restaurant and bar and one of our valley's most profitable operations. The offering includes a currently leased Elk Avenue retail space and a covered dining patio off the sidewalk with views of Mt. Crested Butte. The total "on-grade" space is 5,454 SFT. The restaurant capacity allowance is 180 patrons. The property includes a professionally designed kitchen and grill, a spacious bar with seating for 16 at the bar plus 24 at the high tops. The spaces are decked out in gorgeous wood posts and beams, hardwood floors and wood wainscoting, two floor-to-ceiling rock fireplaces, designer lighting throughout and all of the charm and character you would expect from Crested Butte's finest restaurant and bar business. There is also a fully equipped 1,328 SFT basement comprising a dedicated wine room, cold and dry storage and prep areas. A complete property and business asset information packet is available for review by qualified investors only and via an executed NDA agreement with the seller.

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Location

226 Elk Avenue, Crested Butte, CO 81224

Status

Sold
Channing Boucher

Channing Boucher

TITLE

Broker Associate

Property Amenities

Interior
Flooring Wood
Area & Lot
Lot Area 0.14 Acres
Living area 5,454 Sq.Ft.
MLS® ID 778014
Year Built 1990
Type COMMERCIAL
Status Sold
Exterior
Stories 2
Heat type Natural Gas, Radiant Floor
Water Source Public
Sewer Connected, Public Sewer
Parking Rear/Side/Off Street
Utilities Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Water Connected
Finance
Sales Price $6,000,000
Real Estate Tax $38,417

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Work With Us

Our genuine approach and strong work ethic is evident with each transaction and we’ve been fortunate to grow our business every year. Through our experience, honesty, and hard work we have formed strong friendships with our clients and have built relationships that will last a lifetime.