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    327 Elk Avenue

    Crested Butte, CO 81224
    • $2,495,000
    • STATUS: Active
    • ON SITE: 17 days
    • MLS #: 776400
    UPDATED: 65 min ago
    $2,495,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 3,160
      SQFT
    • $790
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1890
    County:

    School Ratings & Info

    Listing courtesy of Liv Sotheby's International Realty - Cb.


    Description

    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 Nikys 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. 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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    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 2020. 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 The Dawn Howe Group | Keller Williams Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2020-11-28T21:56:23.39.
    www.crestedbutteliving.com/homes/111761303
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    327 Elk Avenue Crested Butte, CO 81224

    • Price: $2,495,000
    • Status: Active
    • Updated: 65 min ago
    • MLS #: 776400
    0
    Beds
    3
    Baths
    0
    ½ Baths
    0.07
    Acres
    3,160
    SQFT
    $790
    $/SQFT
    1890
    Built
    Neighborhood:
    Crested Butte (Town Of)
    County:
    Gunnison
    Area:
    Crested Butte
    Property Description
    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 Nikys 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. Create a legacy for your family and the Crested Butte community today. Niky's Donuts franchise is now available. Inquire for more information.
    Exterior Features

    Acreage Range Less Than 1/2 Carport No Lot Dimension 25X120 Parking 2-10 Total SpacesOff Street Property Attached Yes Property Description Golf Course Near Roof Metal Sewer Public Sewer Installed Stories 2 Street Description City/TownPaved Water Public Water Well No Waterfront YN No

    Interior Features

    Finished Sq Ft 3160 Flooring LaminateTileWood Foundation ConcreteCrawl Space Heating Fuel Source ElectricNatural Gas Heating System Electric BaseboardFireplaceForced Air One Quarter Baths 0 Total Offices 0

    Property Features

    Books Available No Cam No Current Business Niky's Mini Donuts Current Use Mixed UseOtherRestaurantRetail Storefront Desc Of Business Donut & Sweet Shop Disclosures Seller's Prop Disclosure Documents On File Aerial PhotosLeasesSite Plan/Ilc Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneSanitary SewerWater Fixtures Included No Inventory Included No Landlord Pays Building InsuranceReal Estate TaxesSewer/Water Lease Included Yes New Construction YN No Owners Association No Possible Property Use Bar/LoungeOtherRetail StorefrontShowroom Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2019 Tenant Pays ElectricGasSnow RemovalTrash Total Taxes 8724.98 Type Multi-Use W/Res Variable Rate No Water Rights No Zoning Type BusinessCommercialMixed Use

    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 2020. 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 The Dawn Howe Group | Keller Williams Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2020-11-28T21:56:23.39.
     
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    The Dawn Howe Group | Keller Williams Realty
    PO Box 2142
    Crested Butte CO, 81224
    Listing courtesy of Liv Sotheby's International Realty - Cb.