Sold

509 & 511 Red Lady Avenue Unit: 220, 221, 222, 223

Crested Butte CO, 81224

$1,300,000


$396.10 per sqft

Sold

1 Bath

3,282 sqft

Commercial

Built in 1994

Listed for sale is package of four (4) prime 2nd floor office condominium units in Majestic Plaza totaling 3,282 gross square feet with redevelopment potential. Large, fresh office spaces with tons of natural light, and breathtaking views of Crested Butte Mountain and the surrounding peaks, situated on the Mountain Express bus route, new carpet and paint, an electric wheelchair lift on the front stairs, two (2) bathrooms, and plenty of parking. The plaza is literally a touchstone in our community, home to the Majestic Theatre, Clarks Market, a liquor store, a US Post Office facility, and other businesses, bringing locals and tourists daily. All traffic that flows from Gunnison into Crested Butte passes Majestic Plaza, making it unquestionably the premier location for a business and the gateway to Crested Butte. Regarding redevelopment potential, Section 16-5-30 of the Crested Butte Town Code lists 28 conditional uses in the "T" District, including market rate residential uses, as well as employee dwellings, hotel, restaurant, medical and dental clinics, and personal service establishments. *Some photos have been digitally staged*

799085

MLS ID

October 20, 2022

Listed

March 5, 2024

Updated

Map

509 & 511 Red Lady Avenue Unit: 220, 221, 222, 223
Crested Butte CO, 81224

Interior Features

Total Stories

1


Bathrooms

1 Bath


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Other Property Details

Area Name

Crested Butte


Days on Market

227


Association Fee

$820


Association Fee Frequency

Monthly


Garage

No


View

No


County

Gunnison


Pool

No

Listing History

Date

Event

Price

6/6/2023

Price Change

$1,300,000

-13%

6/6/2023

Sold

$1,300,000

4/15/2023

Pending

Courtesy of LIV Sotheby's International Realty - CB with
Listing Contact: 970-209-9004 


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Data last updated on: 3/5/2024

 

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