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327 Elk Avenue

Crested Butte, CO 81224
  • $1,895,000
  • STATUS: Active
  • ON SITE: 185 Days
  • MLS #: 793793
UPDATED: 62 min ago
$1,895,000
  • 5
    BEDS
  • 0.07
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 3,020
    SQFT
  • $627
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1890
County:

School Information

Listing courtesy of Liv Sotheby's International Realty - Cb: 970-349-6653.


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 countertops, 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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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: 2022-11-26T19:56:24.243.
www.thehowegroup.co/homes/129053577
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327 Elk Avenue Crested Butte, CO 81224

  • Price: $1,895,000
  • Status: Active
  • On Site: 185 Days
  • Updated: 62 min ago
  • MLS #: 793793
5
Beds
3
Baths
1
½ Baths
0.07
Acres
3,020
SQFT
$627
$/SQFT
1890
Built
Neighborhood:
Crested Butte (Town Of)
County:
Gunnison
Area:
Crested Butte
Elementary School:
Crested Butte Community K-12
Middle School:
Crested Butte Community K-12
High School:
Crested Butte Community K-12
Property 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 countertops, 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.
Exterior Features

Acreage Range Less Than .25 Carport No Construction Type WoodWood Frame Exterior Inclusions BalconyDeck Garage No Property Attached Yes Property Description Golf Course Near Roof Metal Sewer Source Public Sewer Siding Wood Stories Two Story Street Description City/TownPavedPublic Winter Maintenance Style Victorian Utilities Cable TvElectricInternetInternet - DslNatural GasPhone - Cell ReceptionPhone - Landline Views Mountains Water Source City Water Water Well No Waterfront YN No Windows Double PaneWood

Interior Features

Additional Living Quarters Yes Appliance Inclusions DishwasherDisposalDryerFreezerMicrowaveRange/OvenRefrigeratorWasher Dining Living Room Dining Fireplace Angle NookGas LogsLiving Room Flooring HardwoodLaminateTile Foundation Basement ConcretePermanent Heating Fuel Source ElectricNatural Gas Heating System Electric BaseboardFireplace Interior Inclusions Window CoveringsWired/Cable TvAll FurnishingsCeiling Fan(S)W/D HookupSound SystemGranite CountersFire Sprinklers Master Bedroom Level Upper Level One Quarter Baths 0 Total Office Dens 0 Water Heater Electric Water Heater

Property Features

Current Use CommercialMixed-UseResidential Green Certification No Hoa No New Construction YN No Real Estate Included Yes Reo Lender Owned No Special Assement No Tax Year 2021 Total Taxes 8556 Water Rights No Zoning CommercialMixed-Use

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: 2022-11-26T19:56:24.243.
 
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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: 970-349-6653.