327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
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327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
327 Elk Avenue
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327 Elk Avenue
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327 Elk Avenue
327 Elk Avenue
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$1,895,000

327 Elk Avenue

4 Baths 3,020 Sq.Ft.

Description

A rare multi-use commercial/residential opportunity located in the heart of downtown Crested Butte. 327 Elk Avenue offers one commercial space and two residential spaces. An extensive renovation was done to the entire building with many upgrades and repairs. These include a new main water line, new water meter, all new LED lighting throughout, fresh paint inside & out and so much more! The 908 sq. ft. ground-level commercial space is situated to offer foot traffic galore. The commercial space was fully renovated with all new electrical wiring, new plumbing, new gas furnace, new in-wall insulation, air conditioner and double layer drywall. Other amenities include tons of storage, a half bath and the best Elk Avenue frontage one could desire. Upstairs offers a completely remodeled fully-furnished, four bedroom, two full bath apartment complete with granite counter tops, stainless appliances, washer and dryer, gas fireplace, built-in sound system with Alexa, Lutron lighting system with recessed LED lighting, commercial grade WiFi and a smart home system. In the rear of the building downstairs there is a large remodeled fully furnished, one-bedroom apartment with full kitchen, washer and dryer, natural gas wall heater and sizable walk in closet. Plenty of extra storage throughout the building as well as four car spaces in the rear, and incredible views of Red Lady, Gothic and White Mountain. This is the gem, in a truly spoiled location. Downtown Crested Butte is unique in that there are not many opportunities presented like this. Conditional use for a boutique hotel or lodge possible. Per approval by the town, the building could also be converted into a condominium, allowing each unit to be sold separately. Create a legacy for your family and the Crested Butte community today.

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Location

327 Elk Avenue, Crested Butte, CO 81224

Status

For Sale

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 327 Elk Avenue, Crested Butte, CO 81224. We are reviewing your request and will be in touch shortly!
Kiley Flint

Kiley Flint

TITLE

Broker Associate

Property Amenities

Interior
Flooring Laminate, Tile, Wood
Area & Lot
Lot Area 0.07 Acres
Living area 3,020 Sq.Ft.
MLS® ID 793794
Year Built 1890
Type COMMERCIAL
Status For Sale
Exterior
Stories 2
Heat type Baseboard, Electric, Forced Air, Fireplace(s), Natural Gas
Water Source Public
Sewer Connected, Public Sewer
Parking Off Street, Parking Space(s)
Lot Features Near Golf Course
Roof Metal
Utilities Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Connected, Water Available
Finance
Sales Price $1,895,000

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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.