Crested Butte, CO
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    Crested Butte, CO Conventional Restaurants for Sale

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    Mount Crested Butte, CO Gunnison, CO Almont, CO
    Historic Crested Butte Restaurant Building
    $7,250,000
    0.07 Acres
    Historic Crested Butte Restaurant Building

    228 Elk Ave, Crested Butte, CO 81224

    Prime location restaurant and apartment in Crested Butte's historic district.
    • Prime Location: Centrally located on Elk Avenue with high visibility and foot traffic.
    • Turnkey Restaurant Opportunity: First floor operates as a successful breakfast and lunch restaurant, offering immediate income.
    • Renovated Historic Building: Major renovation in 2005, with roof redone in 2016.
    • Income‑Generating Apartment: Second floor features a 2‑bedroom, 2‑bath apartment with a loft, currently rented.
    • Versatile Zoning: General retail business opportunities are permitted.
    Updated: Mar 12, 2024
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Crested Butte, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Restaurant and Short-Term Rental
    $850,000
    9,365 SF
    Mixed-Use Restaurant and Short-Term Rental

    Fully renovated building with a remodeled restaurant and five private short-term rental rooms.

    2323 S Grand Mesa Drive, Cedaredge, CO 81413

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    Turn-Key Restaurant Opportunity
    $525,000
    1,346 SF
    Turn-Key Restaurant Opportunity

    Restaurant space for lease acquisition, fully built and ready.

    60 El Jebel Road, Carbondale, CO 81623

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    Turnkey Restaurant and Business Assets
    $350,000
    Turnkey Restaurant and Business Assets

    Turnkey Salvadoran/Mexican restaurant opportunity with a fully equipped kitchen and dine-in seating on a busy corridor.

    995 Cowen Drive, Carbondale, CO 81623

    View details
    Remodeled Restaurant with Apartments
    $600,000
    6,426 SF
    Remodeled Restaurant with Apartments

    Well-established restaurant with updated amenities and attached apartments.

    2323 S Grand Mesa Drive, Cedaredge, CO 81413

    View details

    Crested Butte, CO Conventional Restaurants Investment Opportunities Market Analysis

    Explore 1 conventional restaurants for sale in Crested Butte, CO on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $7,250,000.

    Sale prices for conventional restaurants in Crested Butte, CO start at $7,250,000, averaging $7,250,000, and reaching up to $7,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Coffee shops 1
    Conventional restaurants 1

    Demographics Overview

    Population 4,268
    Population Growth (5Y) +1.9%
    Median Household Income $96,689
    College Educated 99.3%

    High-Yield Neighborhoods for Investment

    Identify Crested Butte submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    81224 $7.3M

    Taxes & Financing

    Tax Rate (average for all types) 6.87%
    Property Tax per SF $43.19 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gunnison County

    New Delisted

    Total CRE Inventory on Market (SF)

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