Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    428 Elk Ave Crested Butte, CO 81224

    New
    For Sale
    $1,350,000

    Multi-Use w/Res - Crested Butte, CO

    Property size:
    2,099 SF
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 428 Elk Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    2,099 SF

    Building Details

    Year built
    1885
    Architectural style
    Other

    Bluebird Real Estate (970) 349-6691 [email protected]

    Listing agent Steven Mills (970) 641-6691

    Listing date Dec 4, 2025

    MLS# 830270 Listing URL

    Copyright © 2025 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Crested Butte

    Located in Crested Butte's historic Elk Avenue business district, this multi-use property features approximately 1160 square feet of main floor retail space and an approximately 930 square foot second-floor residence with 2 bedrooms and 1 bathroom. The retail space has housed a successful business for nearly 20 years, demonstrating the strength of the location. The residence, located one flight of stairs up from the retail space, offers Crested Butte charm. The east side of the property includes a fenced patio area. The total property size is 2099 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Paradox Footwear Shoe Store

    Suggested Use

    Auto Repair Shop Wholesale Shop Dental Office Nail Salon Department Store Garden Center Building Supply Storage Facility HVAC Service Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crested Butte
    County
    Gunnison
    State
    Colorado
    Longitude
    -106.9828084
    Latitude
    38.869587

    Nearby Similar for Sale

    • $3,000,000
      4,073 SF

      Crested Butte Multi-Use Building

      Multi-unit building with commercial and residential spaces in Crested Butte.
      309 Belleview Ave, Crested Butte, CO 81224
      View Details
    • $525,000
      555 SF

      Remodeled Office Space in Crested Butte

      Turnkey office space in a desirable Crested Butte location.
      509 Red Lady Ave, Crested Butte, CO 81224
      View Details
    • $799,000
      1,291 SF

      Mixed-Use Property in Downtown Crested Butte

      Versatile mixed-use property with office spaces and residential condo in Crested Butte.
      503 Red Lady Ave, Crested Butte, CO 81224
      View Details
    • $1,400,000
      2,350 SF

      Restaurant and Gas Station Opportunity

      Restaurant, convenience store, and gas station in Crested Butte, Colorado.
      228 Elcho Ave, Crested Butte, CO 81224
      View Details
    • $599,000
      989 SF

      Versatile Mixed-Use Property in Crested Butte

      Unique property with office space and residential condo in downtown.
      503 Red Lady Ave, Crested Butte, CO 81224
      View Details
    • $489,000
      4,000 SF

      Established Event Rental Business Opportunity

      Event rental company serving the Gunnison Valley for sale.
      80 Buckley Dr, Crested Butte, CO 81224
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Multi-use property with retail and residential space in prime location.
    Where is this mixed-use property located?
    The property is located at 428 Elk Ave Crested Butte, CO.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Prime location in Crested Butte's historic Elk Avenue business district; - Multi-use property with both retail and residential spaces; - Main floor retail space offering 1160 +/- square feet
    (970) 641-6691
    Request Owner's contact information
    428 Elk Ave Crested Butte, CO 81224
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    428 Elk Ave
    Crested Butte, CO 81224
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    428 Elk Ave Crested Butte, CO 81224
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.