Active
120 & 122 Elk Avenue Unit: 1-11
Crested Butte CO, 81224
$7,000,000
$893.43 per sqft
Active
8 Baths
7,835 sqft
Commercial
Built in 1890
Courtesy of LIV Sotheby's International Realty - CB with Listing Contact: 970-596-3228
A special high profile mixed use commercial-residential opportunity on Elk Avenue in the west end of town, Penelopes is available for the first time since the historic restaurant property was completely redeveloped in 2007. Currently home to Asian Ryce Bistro, Chopwood, Creekside Spa, ID Studio and a beautiful 2,100 SF, 3 bed luxury home on Coal Creek known as the Penthouse, 120 and 122 Elk Avenue comprise 11 total units and 7,835 SF. The two-building property straddles the creek with patios, walkways and a footbridge. From the Elk Avenue sidewalk a ADA walkway and a big patio serve the restaurant, bar and the upstairs professional spaces access while the retail space enjoys covered porch access right off the sidewalk. The private alley in the rear serves the Penthouse, two garage spaces and three ground floor-patio office spaces. Leases in place with current tenants.
811788
MLSⓇ ID
March 21, 2024
Listed
November 22, 2024
Updated
Map
120 & 122 Elk Avenue Unit: 1-11
Crested Butte CO, 81224
Interior Features
Total Stories
2
Total Bathrooms
8
Full Bathrooms
2
Half Bathrooms
5
Three-Quarter Bathrooms
1
Floor Description
Carpet, Tile, Wood
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas, Radiant Floor
Exterior/Building Features
Lot Size
0.23 Acres
Roof
Metal
Sewer
Connected, Public Sewer
Other Property Details
Area Name
Crested Butte
Taxes
$40,984
Tax Frequency
Annually
Days on Market
138
Association Fee
Not Listed
Garage
No
Parking
Off Street, Rear Side Off Street
View
No
County
Gunnison
Water Source
Public
Pool
No
Courtesy of LIV Sotheby's International Realty - CB with
Listing Contact: 970-596-3228
SOURCE: 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 (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice. TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
WARRANTY: COLORADO REAL ESTATE NETWORK (CREN) MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. COLORADO REAL ESTATE NETWORK SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
©COPYRIGHT (2024) by COLORADO REAL ESTATE NETWORK 121 N Park Avenue, Suite #4, Montrose, CO 81401. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN).
PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Real estate listings held by companies other than LIV Sotheby's International Realty will feature the respective company’s name.
Data last updated on: 11/22/2024