$893.43 Per Sq Foot $37,578 est/mo Sourced by Back At You

120 & 122 Elk Avenue,Crested Butte, CO 81224

Crested Butte CO, 81224

Share with a friend

Description

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.

Details

MLS#811788
Listing TypeFor Sale
StyleMixed Use
Building NamePenelopes
Suite Number1
Sub-TypeResale
StatusActive
Year1890
Days On Site62
Listing Provided ByLIV Sotheby's International Realty - CB | Channing Boucher

Features

Bath(s) 8 Total
SQ Feet7,835
Story(s)2
Units11
ZoningCommercial
Acreage0.23
Water FrontYes

Market Activity 81224

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 2024. 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 CREN contain that company’s name.

Fair Housing Disclaimer

Request a showing

Request a showing

Loading Form
Listings Checked: 2 minutes ago
StateCO
CountyGunnison
CityCrested Butte
Zip Code81224
AreaCrested Butte
Listing VS Median (in 81224)
Price:
$7,000,000
low | high
Med:
$1,780,000
100% of Average
SqFt:
7,835
low | high
Med:
2,210
100% of Average
$ / SqFt:
$893
low | high
Med:
$810
59.356288703482% of Average
On Site:
62
low | high
Med:
163.000000
38.036809815951% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 1:11:11 AM PDT