Details

327 Elk Avenue Crested Butte, CO 81224 – MLS# 776288

$2,495,000
327 Elk Avenue
Crested Butte, CO 81224
MLS# 776288

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Beds
5 Beds
Baths
4 Baths
Total Sq Ft
3,160 Sqft
Acres
0.07 Acres
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 and out and so much more! The 862 sq. ft. ground-level commercial space is situated to offer foot traffic galore. It is home to Niky’s Mini Donuts, a long-standing successful business with a 5-year lease. 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. Create a legacy for your family and the Crested Butte community today. Niky's Donuts franchise is now available. Inquire for more information.
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Property Details
Status
For Sale
Property Type
RESIDENTIAL
Sub Type
Stick Built
Year Built
1890
Sqft Total
3,160
Acres
0.07
Lot Size
Basement
Concrete, Permanent
House Style
Victorian
Construction
Wood Frame, Wood
Roofing
Metal
Fireplace
Angle nook, Gas Logs, Living Room
Heating
Electric Baseboard, Fireplace
Rooms
Master Bedroom Location:
Upper Level
Dining Room:
Living Room Dining
Schools
Elementary
Crested Butte Community K-12
Junior High
Crested Butte Community K-12
Senior High
Crested Butte Community K-12
Taxes & Terms
Taxes
8,724.98
REO/Lender Owned
No
Area
Subdivision
Crested Butte (town Of)
Area
Crested Butte
County
Gunnison
Views
Mountains
Waterfront
No
Features
Property Description:
Golf Course Near
Appliances
Dishwasher, Disposal, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer
Utilities
Cable TV, Electric, Internet, Internet - DSL, Natural Gas, Phone - Cell Reception, Phone - Landline
Current Property Use
Residential, Commercial, Mixed-Use
Interior
Window Coverings, Wired/Cable TV, All Furnishings, Ceiling Fan(s), W/D Hookup, Sound System, Granite Counters, Walk In Closet, Fire Sprinklers
Outdoor Features
Deck, Balcony
Access
Year Round
Sewer
Public Sewer
Listing courtesy of
Liv Sotheby's International Realty - Cb
Estimated Payments
The approximate mortgage monthly principal and interest payment for this property would be
Based on a loan at a fixed rate of percent
With a down payment of dollars
Actual lender interest rates and loan programs may vary.
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