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129 Gothic Avenue

Crested Butte, CO 81224
  • $11,000,000
  • STATUS: Active
  • ON SITE: 126 Days
  • MLS #: 789847
UPDATED: 48 min ago
$11,000,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 18
    BATHS
  • 4
    1/2 BATHS
  • 10,391
    SQFT
  • $1,059
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1919
County:

School Ratings & Info

Listing courtesy of Liv Sotheby's International Realty - Cb.


Description

An iconic property located in the coveted historic west end of Town, this one of a kind Crested Butte hotel cannot be duplicated. At 10,391 SF, the property features 19 guest rooms, 22 bathrooms, a managers apartment, spacious common areas for guests, a large kitchen, a full bar, comfortable guest lounging and dining areas as well 2 lobby powder rooms. Beautifully renovated and very well maintained, the original locally sourced Douglas fir wood flooring was recently refinished and all of the guest accommodations are individually decorated. The third floor rooms include balconies with spectacular views of the ski resort and the surrounding mountains. The Elk Mountain Lodge is nestled in a quiet residential neighborhood surrounded by historic residences. It is the only in-town hotel located west of 5th Street and enjoys convenient access to Elk Avenues commercial core and the skier shuttle stop to Crested Butte Mountain Resort. The popular Lower Loop ski, bike and hiking trail system is only a few blocks away. The offering includes all of the assets of the profitable hotel business including the fixtures, furnishings and equipment. Highlights include the Baby Grande piano, a liquor license, a roomy hot tub facility, deeded off-street parking, a large front deck, and a 1,203 SF basement. Other assets include the business a high performance website and domain name plus the business brand. There is also a fleet of townie bikes for guests and overnight storage for skis and bikes. Recent capital improvements include a new commercial laundry room, a new Wolf range, new windows, recently replaced roof, a new deck with custom iron railings, and a commercial grade internet and WiFi system by King Systems. The offering includes a commercial (vacant) parcel located on Belleview Avenue.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-05-28T08:56:26.383.
www.thehowegroup.co/homes/124945235
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129 Gothic Avenue Crested Butte, CO 81224

  • Price: $11,000,000
  • Status: Active
  • On Site: 126 Days
  • Updated: 48 min ago
  • MLS #: 789847
0
Beds
18
Baths
4
½ Baths
0.18
Acres
10,391
SQFT
$1,059
$/SQFT
1919
Built
Neighborhood:
None
County:
Gunnison
Area:
Crested Butte
Property Description
An iconic property located in the coveted historic west end of Town, this one of a kind Crested Butte hotel cannot be duplicated. At 10,391 SF, the property features 19 guest rooms, 22 bathrooms, a managers apartment, spacious common areas for guests, a large kitchen, a full bar, comfortable guest lounging and dining areas as well 2 lobby powder rooms. Beautifully renovated and very well maintained, the original locally sourced Douglas fir wood flooring was recently refinished and all of the guest accommodations are individually decorated. The third floor rooms include balconies with spectacular views of the ski resort and the surrounding mountains. The Elk Mountain Lodge is nestled in a quiet residential neighborhood surrounded by historic residences. It is the only in-town hotel located west of 5th Street and enjoys convenient access to Elk Avenues commercial core and the skier shuttle stop to Crested Butte Mountain Resort. The popular Lower Loop ski, bike and hiking trail system is only a few blocks away. The offering includes all of the assets of the profitable hotel business including the fixtures, furnishings and equipment. Highlights include the Baby Grande piano, a liquor license, a roomy hot tub facility, deeded off-street parking, a large front deck, and a 1,203 SF basement. Other assets include the business a high performance website and domain name plus the business brand. There is also a fleet of townie bikes for guests and overnight storage for skis and bikes. Recent capital improvements include a new commercial laundry room, a new Wolf range, new windows, recently replaced roof, a new deck with custom iron railings, and a commercial grade internet and WiFi system by King Systems. The offering includes a commercial (vacant) parcel located on Belleview Avenue.
Exterior Features

Acreage Range Less Than 1/2 Carport No Lot Dimension 100X125 Parking Off Street10-20 Total SpacesCommon Parking Spaces 9 Property Attached Yes Property Description Corner Roof Metal Sewer Public Sewer Installed Stories 3 Street Description City/Town Water Public Water Well No Waterfront YN No

Interior Features

Basement Sq Ft 1203 Finished Sq Ft 10391 Flooring CarpetWood Foundation Basement-Below Grade Heating Fuel Source ElectricNatural GasWood Heating System BoilerElectric BaseboardFireplace Loading Dock No Main Sq Ft 10391 One Quarter Baths 0 Total Offices 1

Property Features

Available Utilities CableElectricInternetNatural Gas Books Available Yes Cam No Covenants No Current Business Elk Mountain Lodge Current Use Lodging Desc Of Business Hotel Disclosures Seller's Prop Disclosure Documents On File Profit/Loss Enterprise Zone No Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneWater Fixtures Included Yes Inventory Included Yes Lease Included No New Construction YN No Owners Association No Possible Property Use Bar/LoungeLodgingRestaurant Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2021 Total Electric Meters 1 Total Gas Meters 1 Total Taxes 21587 Total Water Meters 1 Type Hotel/Motel Type Of Sale Asset Variable Rate No Water Rights No Year Started 2000 Zoning Type Other

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-05-28T08:56:26.383.
 
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The Howe Group | Keller Williams Realty
218 Maroon Ave. Unit C
Crested Butte CO, 81224
Listing courtesy of Liv Sotheby's International Realty - Cb.