228 Elk Avenue

Crested Butte, CO 81224

About this property

Above the street-level commercial space, currently home to the well-established McGill's restaurant, a spacious two-bedroom, two-bath residence with a loft adds a special level of versatility to this mixed-use offering. Included as part of the sale of the entire property, the residence provides an ideal opportunity for an owner-occupant, employee housing, a long-term rental, or a private mountain retreat. The living room windows overlook Elk Avenue, offering a sought-after perspective of downtown Crested Butte and its year-round energy, from everyday activity to the community's celebrated events and festivals. The thoughtfully designed floor plan includes two bedrooms, two baths, and a generous loft that overlooks the living room and through the windows onto Elk Ave. A private deck at the rear of the residence provides a quiet outdoor escape, while separate access from both Elk Avenue and the alley offers convenience and privacy found in this downtown property. Whether preserving the existing restaurant, leasing the commercial space, or reimagining its future, the residential component enhances both the functionality and long-term value of this remarkable downtown property.

About this property

Above the street-level commercial space, currently home to the well-established McGill's restaurant, a spacious two-bedroom, two-bath residence with a loft adds a special level of versatility to this mixed-use offering. Included as part of the sale of the entire property, the residence provides an ideal opportunity for an owner-occupant, employee housing, a long-term rental, or a private mountain retreat. The living room windows overlook Elk Avenue, offering a sought-after perspective of downtown Crested Butte and its year-round energy, from everyday activity to the community's celebrated events and festivals. The thoughtfully designed floor plan includes two bedrooms, two baths, and a generous loft that overlooks the living room and through the windows onto Elk Ave. A private deck at the rear of the residence provides a quiet outdoor escape, while separate access from both Elk Avenue and the alley offers convenience and privacy found in this downtown property. Whether preserving the existing restaurant, leasing the commercial space, or reimagining its future, the residential component enhances both the functionality and long-term value of this remarkable downtown property.

Features and Additional Information

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$6,995,000 Active
2 Bed(s)
2
Baths
3,492 sqft

Presented By Coldwell Banker Distinctive Properties Bozeman

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Get in touch today! Phone: 1-406-587-7653
Brokerage
LIV Sotheby's International Realty - CB
1-970-349-6653
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Area Information

Crested Butte | Gunnison County | Crested Butte (Town of)

$ 6,995,000
This listing is play_arrow 254.2% higher than the average in the area
$ 1,975,000 in the area
3,492 SqFt
This listing is play_arrow 19.5% larger than the average in the area
2,922 SqFt in the area
$ 2,003 $/SqFt
This listing is play_arrow 196.4% more than the average in the area
$ 676 $/SqFt in the area
41 days on site
This listing is play_arrow 83.8% below the average in the area
253 days on site in the area

Schools in the Area

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    Elementary School
    Gunnison 1-5
  • turned_in
    Middle School
    Gunnison 6-8
  • turned_in
    High School
    Gunnison 9-12
Listed By Betsy Wiebe
Brokerage: LIV Sotheby's International Realty - CB

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