Three-Screen Theater Property with Expansion
For Sale
$3,600,000
110-507 Red Lady Ave, Crested Butte, CO
Fully operational cinema with independent heating, utilities, roof, and dedicated parking.
Property Size6,889 SF
Lot Size1.15 Acres
Price / SF$522.57
Days on Market83
Property Features for 110-507 Red Lady Ave
General Information
Standard status
Active
Size
6,889 SF
Total Parking Spaces
52
Lot size
1.15 Acres
Zoning
T-Zone
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Restaurant
Seating Capacity
300
Liquor License
Yes
Building Details
Buildings
1
Tenancy
Multi
Abandoned
No
Listing Agency:
LIV Sotheby's International Realty - CB
(970) 209-9004
Listed By:
Nikki Pulitzer
(970) 209-9004
Source:
Exprealty
Added: Jun 8
Changed: Aug 29
Last Checked: Aug 29 at 1:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LIV Sotheby's International Realty - CB
Investment Insights
Based on property information with market context.
Unit 110 at 110-507 Red Lady Ave is a self-contained theater condominium within Majestic Plaza, a 30-unit mixed-use condominium on approximately 1.15 acres. The fully operational cinema contains 6,889 rentable square feet, three theater rooms, 300 seats, double-height ceilings, digital projection, a liquor license, and separate heating, utility, and roofing systems. Documented potential exists for second-floor buildouts within the theater rooms, which could increase total rentable area to approximately 9,679 SF. A third story may also be possible, subject to engineering, HOA approval, and town review.
The property is positioned along Highway 135 at the gateway to town, adjacent to Clark's Market and a USPS PO box facility. It is served by the free town bus route and includes 52 dedicated parking spaces within 142 total spaces across the condominium. The Town of Crested Butte designates the property T-Zone, with potential applications identified for retail, restaurant, office, residential, hotel, brewery, and distillery uses.
The property is positioned along Highway 135 at the gateway to town, adjacent to Clark's Market and a USPS PO box facility. It is served by the free town bus route and includes 52 dedicated parking spaces within 142 total spaces across the condominium. The Town of Crested Butte designates the property T-Zone, with potential applications identified for retail, restaurant, office, residential, hotel, brewery, and distillery uses.
Key Highlights
- 6,889 rentable square feet in a fully operational three‑screen cinema
- 300 seats across three theater rooms with double‑height ceilings
- Second‑floor buildouts could expand rentable area to approximately 9,679 SF
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
823
Businesses Nearby
Explore this area
Business Placement
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Theater & concert hall - Fully operational cinema with independent heating, utilities, roof, and dedicated parking.
Where is this theater & concert hall located?
The property is located at 110-507 Red Lady Ave Crested Butte, CO.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 6,889 rentable square feet in a fully operational three‑screen cinema; 300 seats across three theater rooms with double‑height ceilings; Second‑floor buildouts could expand rentable area to approximately 9,679 SF
