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    509 Red Lady Ave Crested Butte, CO 81224

    Under Contract
    For Sale
    $525,000

    Office - Crested Butte, CO

    Type:Office
    Property size:
    555 SF
    Days on Market:
    39
    Last Refresh:
    Dec 8 at 1:06 am

    Property Features for 509 Red Lady Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active Under Contract
    Size
    555 SF

    Building Details

    Year built
    1994
    Architectural style
    Other

    Signature Properties Ebner & Associates (970) 901-2922 [email protected]

    Listing agent Jesse Ebner (970) 713-2000

    Listing date Oct 31, 2025

    MLS# 828721 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

    Remodeled Office Space in Crested Butte

    This commercial office space, located in downtown Crested Butte, offers 555 square feet of fully remodeled professional space completed in December 2024. The suite includes three separate rooms and two entrances, designed to function as one large office or be divided into two independent spaces, with the option to sublet one room. The interior features polished concrete floors, oak window sills, an oak accent wall with cove lighting, and 13-foot ceilings with exposed framing. Steel and glass double-paned doors and windows provide natural light, while soundproofing ensures privacy. A private kitchenette is included, and a new forced-air heating and cooling system was installed in 2024. The space is hardwired with CAT6. Tenants have access to 468 square feet of shared common space, including two bathrooms, a storage closet, and a refurbished stair lift at the front entrance. The building provides a large public parking lot at the front and private parking at the rear. Monthly HOA dues are $234.86 and annual taxes are $1,864. It is suitable as a full-time headquarters, a collaborative creative environment, or an investment property.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Crested Butte
    County
    Gunnison
    State
    Colorado
    Longitude
    -106.92
    Latitude
    38.8937

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    FAQs

    What type of property is this?
    Office space - Turnkey office space in a desirable Crested Butte location.
    Where is this office space located?
    The property is located at 509 Red Lady Ave Crested Butte, CO.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Prime downtown Crested Butte location.; - Fully remodeled in December 2024 with modern finishes and high-end materials.; - Flexible layout with three rooms, two entrances, and subletting potential.
    (970) 713-2000
    Request Owner's contact information
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    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

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    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
    509 Red Lady Ave Crested Butte, CO 81224
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