327 Elk Avenue Crested Butte, CO
$ 2,495,000
Property Attributes
  • MLS#761084
  • TypeCommercial
  • CountyGUNNISON
  • CityCrested Butte
  • AreaCrested Butte
  • NeighborhoodCrested Butte
  • Zip81224
  • StyleMulti-Use w/Res
  • Year Built1890
  • Taxes8724
  • Price$ 2,495,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3160
  • Lot Size3,049 SqFt
Listing Provided Courtesy Of:
Bluebird Real Estate
Property Description

327 Elk Avenue, Crested Butte is a multi-use commercial/residential property with one commercial space and two residential spaces, located in a primo downtown location. Conditional use for a lodge or hotel possible. Lots of upgrades and repairs, including a new main water line, new water meter, all new LED lighting throughout, fresh paint inside & out and so much more! Foot traffic galore for the 862 sq. ft. commercial space which is home to Niky's Mini Donuts, a long standing successful business with a five year lease. Commercial space has loads of storage, half bath and the best Elk Avenue frontage you could desire. Fully renovated with all new electrical wiring, new plumbing, new gas furnace, new in-wall insulation and double layer drywall. Upstairs is a completely remodeled 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 system, smart home system and incredible views of Red Lady, Gothic and White Mountain. Plenty of extra storage throughout the building as well as four car spaces in the rear. Apartment comes completely furnished, including all TVs and electronics. Downstairs in the rear of the building is a large remodeled one bedroom apartment with full kitchen, washer and dryer, natural gas wall heater and sizable walk in closet. Apartment comes completely furnished. Niky's Donuts franchise available soon. Inquire for more information.

Price History
7/25/2019 Listed $3,100,000
8/31/2019 5% - $2,950,000
9/24/2019 16% - $2,495,000

General Features

Flooring Laminate, Tile, Wood
New Construction Y/N No
Parking Off Street, 2-10 Total Spaces
Property Description Golf Course Near
Roof Metal
Sewer Public Sewer Installed
Status Active
Status Active
Stories 2
Subdivision Crested Butte (Town of)
Type Multi-Use w/Res
Zoning B-1

Interior Features

Finished SF 3160
Fixtures Included No
Full Baths 3
Heating Electric Baseboard, Fireplace, Forced Air
Total Rooms 3
Utilities Electric, Internet, Natural Gas, Phone, Sanitary Sewer, Water

Exterior Features

Carport No
Domestic Water Public
Foundation Concrete, Crawl Space
Lot Dimensions 25x120
Lot Size Area 0.07
Railroad Siding/spur No
Water Rights/irrig. No
Waterfront No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 81224

AVG $920K
AVG $10,123
AVG 29
Year Built
AVG 1968
AVG 64
Data Provided by Walkscore ® not using MLS data