120 & 122 Elk Avenue Crested Butte, CO 81224 — MLS# 811788

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120 & 122 Elk Avenue
Crested Butte, CO 81224
FOR
SALE
$7,000,000
For Sale
7,835
Sq.Ft.
0.23
Acres
1890
Yr. Built
MLS# 811788
Cumulative Days on Market: 13 (since March 21st, 2024) Data provided by the MLS.

Property Details

A special high profile mixed use commercial-residential opportunity on Elk Avenue in the west end of town, Penelopes is available for the first time since the historic restaurant property was completely redeveloped in 2007. Currently home to Asian Ryce Bistro, Chopwood, Creekside Spa, ID Studio and a beautiful 2,100 SF, 3 bed luxury home on Coal Creek known as the Penthouse, 120 and 122 Elk Avenue comprise 11 total units and 7,835 SF. The two-building property straddles the creek with patios, walkways and a footbridge. From the Elk Avenue sidewalk a ADA walkway and a big patio serve the restaurant, bar and the upstairs professional spaces access while the retail space enjoys covered porch access right off the sidewalk. The private alley in the rear serves the Penthouse, two garage spaces and three ground floor-patio office spaces. Leases in place with current tenants.

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Property Highlights

Status
For Sale
Price
$ 7,000,000
Property Type
COMMERCIAL
Sub Type
Multi-Use w/Res
Sqft Total
7,835
Acres
0.23
Year Built
1890

Location

Subdivision
None
Area
Crested Butte
County
Gunnison
Waterfront
No

Heating, Cooling & Utilities

Heating
In-Floor Radiant

Features

Current Property Use
Mixed Use
Access
Year Round

Building Details

Roofing
Metal

Taxes & Terms

Taxes
$40,984
REO/Lender Owned
No
Listed by Liv Sotheby's International Realty - Cb.
Listing Data last updated 4th April, 2024 06:00
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Property History

Today
Property information last updated
13 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 13. Data provided by the MLS.

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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 2024. All rights reserved. All information is deemed reliable but is not guaranteed and should be independently verified. See Disclaimer This database record is provided subject to "limited license" rights. Duplication or reproduction is prohibited. Real estate listings held by brokers other than Toad Real Estate are marked with the name of that company's name.
Listing Data last updated: 04/03/2024 02:20 PM
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