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322 Belleview Avenue

Crested Butte, CO 81224
  • $4,900,000
  • STATUS: Active
  • ON SITE: 107 Days
  • MLS #: 785988
UPDATED: 54 min ago
$4,900,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 4
    1/2 BATHS
  • 8,568
    SQFT
  • $572
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2021
County:

School Ratings & Info

Listing courtesy of Signature Properties Ebner & Associates, Llc.


Description

This is Crested Butte's newest and most impressive building! Designed by Andrew Hadley Architect and built by Wright Angle Construction, they combined to make a really functional and fashionable building. This famous building was completely rebuilt and reconfigured into 17 leasable units. The ground floor consists of a large retail spaces on both sides of the first half of the building and includes storage, an office space and two ADA bathrooms. In the back of the building, there are three large, heated garage bays that can be used for storage, light industrial, art, woodworking and much more. Upstairs, 11 individual and private office spaces that are perfect to lease individually or for an entire company. There are two bathrooms and a shared kitchen space. Each office is fully wired for internet and offer spacious and comfortable work spaces. The owner of this building will enjoy an incredible cap rate or can use some of the space for themselves. The first floor retail space is leased with a 10 year lease plus triple net. The remaining office and garage spaces are close to completion and have several LOIs in place for rentals. The current Pro-Forma for the rental income is showing a gross of $260,000 annually! This is an awesome opportunity in town with incredible return on investment and rental income potential.

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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 2021. 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: 2021-12-05T08:56:22.033.
www.thehowegroup.co/homes/120652718
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322 Belleview Avenue Crested Butte, CO 81224

  • Price: $4,900,000
  • Status: Active
  • On Site: 107 Days
  • Updated: 54 min ago
  • MLS #: 785988
0
Beds
0
Baths
4
½ Baths
0.14
Acres
8,568
SQFT
$572
$/SQFT
2021
Built
Neighborhood:
Crested Butte
County:
Gunnison
Area:
Crested Butte
Property Description
This is Crested Butte's newest and most impressive building! Designed by Andrew Hadley Architect and built by Wright Angle Construction, they combined to make a really functional and fashionable building. This famous building was completely rebuilt and reconfigured into 17 leasable units. The ground floor consists of a large retail spaces on both sides of the first half of the building and includes storage, an office space and two ADA bathrooms. In the back of the building, there are three large, heated garage bays that can be used for storage, light industrial, art, woodworking and much more. Upstairs, 11 individual and private office spaces that are perfect to lease individually or for an entire company. There are two bathrooms and a shared kitchen space. Each office is fully wired for internet and offer spacious and comfortable work spaces. The owner of this building will enjoy an incredible cap rate or can use some of the space for themselves. The first floor retail space is leased with a 10 year lease plus triple net. The remaining office and garage spaces are close to completion and have several LOIs in place for rentals. The current Pro-Forma for the rental income is showing a gross of $260,000 annually! This is an awesome opportunity in town with incredible return on investment and rental income potential.
Exterior Features

Acreage Range Less Than 1/2 Carport No Lot Dimension Irregular Property Attached Yes Roof Membrane Sewer Public Sewer Installed Stories 2 Street Description City/TownPaved Water Public Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 8568 Flooring LaminateTile Foundation Slab Heating Fuel Source Natural Gas Heating System BoilerIn-Floor Radiant Number Overhead Doors 3 One Quarter Baths 0 Total Offices 0

Property Features

Available Utilities Internet Books Available No Cam No Construction Completed No Covenants No Current Use General OfficeMixed UseRetail Storefront Estimated Completion Date 2021-09-30 Exchange Trade No Existing Utilities ElectricNatural GasPhoneSepticWater Fixtures Included No Inventory Included No Landlord Pays Site Maintenance (Prop) Lease Included Yes New Construction YN Yes Owners Association No Possible Property Use AutomotiveConvenience StoreGeneral OfficeManufacturingMixed-UseOffice WarehouseProfessional/MedicalRetail StorefrontRetail WarehouseShowroomWarehouse Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2020 Tenant Pays ElectricGasInterior MaintenanceReal Estate TaxesSewer/WaterSnow RemovalTrash Total Taxes 16534.31 Type Multi-Use Variable Rate No Water Rights No Zoning Type Commercial

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 2021. 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: 2021-12-05T08:56:22.033.
 
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The Howe Group | Keller Williams Realty
218 Maroon Ave. Unit C
Crested Butte CO, 81224
Listing courtesy of Signature Properties Ebner & Associates, Llc.