327 Elk, Crested Butte, CO 81224

Active

$2,195,000

BR / BTH

Sq Ft

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 anew main water line, new water meter, all new LED lighting throughout, fresh paint inside & 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-yearlease. 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. 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. Niky's Donuts franchise is now available. Inquire for more information.

MLS#: 776400

Year Built: 1890

Subdivision:

Taxes: $8,724.98

Listing courtesy of
Liv Sotheby's International Realty - Cb


327 Elk, Crested Butte, CO 81224

UTILITIES

Https://youtu.be/izcoiicukcw

STYLE

Yes

HEAT

ACCESS

IRRIGATION

CREN Logo

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 2018. 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 containing that company’s name.
Fair Housing Disclaimer

Data last updated on December 31, 2018

Powered by Interactive Properties