327 Elk Avenue

Crested Butte, CO, 81224

$1,895,000

$627 per ft²
$1,895,000
$627 per ft²
Active
Active
 - For Sale
beds
5 Beds
baths
4 Baths
carpenters-square
3,020 ft²
property_type
Residential
calendar
Built 1890
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 a new main water line, new water meter, all new LED lighting throughout, fresh paint inside & out and so much more! The 908 sq. ft. ground-level commercial space is situated to offer foot traffic galore. 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 countertops, 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.
MLS® ID:
793793
Listed:
5/23/22
Updated:
10/7/22
LIV Sotheby's International Realty
Gary Huresky

Interior Features

Kitchen Appliances
Dryer, Dishwasher, Electric Water Heater, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Washer
Total Bedrooms
5
Full Bathrooms
1
Half Bathrooms
1
3/4 Bathrooms
2
Interior Features
Ceiling Fan(s), Furnished, Granite Counters, Living/Dining Room, Sound System, Upper Level Master, Wired for Data
Laundry Description
Washer Hookup
Floor Description
Hardwood, Laminate, Tile
Fireplace
Gas Log, Living Room
Heating
Baseboard, Electric, Fireplace(s), Natural Gas

Exterior/Building Features

Lot Size
3,049 ft² lot
Exterior Features
Balcony, Deck, Balcony, Deck
Architectural Style
Victorian
Lot Details
Near Golf Course
Roof
Metal
Sewer
Public Sewer

School Information

High School
Crested Butte Community K-12
Middle/Jr High
Crested Butte Community K-12
Elementary School
Crested Butte Community K-12

Other Property Details

Area Name
Crested Butte
Garage
No
Parking
N
View
Y
County
Gunnison
Utilities
Cable Available, Cellular Phone Reception, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available
Water Source
Public
Pool
No
Total Stories
2

Property History

Date
Event
Price
Value
6/13/22
Price Change
$1,895,000
-5%
6/7/22
Active
-
-
5/27/22
Pending
-
-

 

Courtesy of LIV Sotheby's International Realty - CB, Kiley Flint,
Listing Contact:  


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Data last updated on: 10/7/22

LIV Sotheby's International Realty
Gary Huresky
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