Mixed-Use Building with
For Sale
$1,195,000
Pending
428 Elk Avenue, Crested Butte, CO 81224
COMMERCIAL, Crested Butte, CO
Property Size2,099 SF
Days on Market30
Property Features for 428 Elk Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 2
Directions
Located on the 400 block of Elk Avenue on the south side of the road.
Standard status
Pending
Size
2,099 SF
Amenities
patio
Building Details
Year built
1885
Listing Agency:
Signature Properties Ebner & Associates, LLC
(970) 713-2000
Listed By:
Jesse Ebner · License #ER100017345
(970) 901-2922
Added: Aug 14
Changed: Sep 5
Last Checked: Sep 12 at 10:06AM
MLS# 838133
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Built in 1885, this 2,099-square-foot mixed-use property at 428 Elk Avenue combines street-level retail with residential space above. The main floor contains approximately 1,160 square feet configured for retail use, while the upper level provides an approximately 930-square-foot, two-bedroom residence with classic Crested Butte character. A fenced patio on the east side adds private outdoor space.
The property sits within Crested Butte’s historic Elk Avenue business district and is zoned for both commercial and residential use. The current retail tenant has operated at the property for nearly 20 years. The configuration accommodates a commercial occupant with housing above or an owner-operated business with an integrated residence.
The property sits within Crested Butte’s historic Elk Avenue business district and is zoned for both commercial and residential use. The current retail tenant has operated at the property for nearly 20 years. The configuration accommodates a commercial occupant with housing above or an owner-operated business with an integrated residence.
Key Highlights
- 2,099‑square‑foot mixed‑use property built in 1885
- Approximately 1,160 square feet of main‑level retail space
- Approximately 930‑square‑foot, two‑bedroom residence above
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
832
Businesses Nearby
Explore this area
Business Placement
Demographics for 81224, CO
3,941
Population
2,459
Households
1.6
Avg Household Size
41
Median Age
73%
College-Educated
100%
High-School Grad
262.3 sq mi
ZIP Area
15
Density / Sq Mi
$97,535
Median Household Income
$46,511
Median Earnings
$1,408
Median Rent
$862,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial and residential zoning supports retail space paired with an upstairs home and private patio.
Where is this mixed-use property located?
The property is located at 428 Elk Avenue Crested Butte, CO.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 2,099‑square‑foot mixed‑use property built in 1885; Approximately 1,160 square feet of main‑level retail space; Approximately 930‑square‑foot, two‑bedroom residence above
