501 Elk Avenue

Crested Butte, CO 81224

About this property

Exceptional, prime business corner. High visibility corner business property. B3 zoning. Located one block from the bus stop, the Chamber of Commerce, library, and Town Hall. Everyone entering town passes here. Location, location, location! The current occupant is moving out of the front 3265.5 sq ft of Elk Avenue frontage. The tenants in the suites along 5th St. are all staying in place. Crested Butte is a vibrant mountain resort community, designated a National Historic District. 3265.5 sq ft of vacant Elk Ave frontage, just waiting for a new business. Large windows and an inviting front porch give great visibility for any business venture here. Create your own new business, relocate here, or give a tenant an opportunity for a good location. There is off street parking in back. Each space along 5th st has its own entrance and its own restroom. ADA access and all ground floor space. Dont miss this opportunity. This is NOT an REO sale. The bank that owns it is closing the Crested Butte branch, and moving all operations to their Gunnison office. The Real Estate is for sale, including the currently rented shop/office spaces along 5th St. Ideal for retail, food service, arts, crafts, service businesses, medical or dental, and more. How about a music venue? Current owner replaced all sewer lines, roof, flooring, and upgraded restrooms. High visibility and good foot traffic. With the recent losses of two long time favorite restaurants there is a great opportunity for a new restaurant, under conditional use and with town approval. This was the former home of Angelos pizza, Italian/sandwich restaurant. Some of the guts are still in place.

Date Added
April 9, 2020
Listing Status
Days On Site

Features and Additional Information

Lot Size
0 SqFt
Property Type
IQWeb_Mixed Use
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$2,400,000 Active
0 Beds
0 Full Baths
4,610 SQFT

Presented By Coldwell Banker Distinctive Properties, Bozeman

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Area Information

Crested Butte | Gunnison County |

$ 2,400,000
This listing is play_arrow 357.6% higher than the average in the area
$ 524,500 in the area
4,610 SqFt
This listing is play_arrow 334.1% larger than the average in the area
1,062 SqFt in the area
$ 521 $/SqFt
This listing is play_arrow 5.4% more than the average in the area
$ 494 $/SqFt in the area
194 days on site
This listing is play_arrow 157.0% above the average in the area
76 days on site in the area

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