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CB South Storage Opportunity
For Sale
$699,000

65 Gillaspey Ave, Crested Butte, CO 81224

12-unit storage facility with redevelopment potential in CB South.

Property SizeContact for details
Lot Size0.31 Acres
Days on Market532

Property Features for 65 Gillaspey Ave

General Information

Standard status Active
Lot size 0.31 Acres
Listing Agency: Peak Property Management & Sales
Listed By: Carolyn Wayne-Cerio
Source: Exprealty
Added: Mar 8, 2025 Changed: Aug 21 Last Checked: Aug 22 at 12:14PM

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 Peak Property Management & Sales

Investment Insights

Based on property information with market context.

This property presents a business opportunity with a 12-unit storage building, currently operating at 0% vacancy. Located in the commercial district of CB South, the lot offers redevelopment potential for creating additional commercial or residential spaces. The existing structure includes eight 10x20 sqft units with ground-level garage doors and four 10x10 sqft units with door access. The units currently generate a gross rental income of $2080 per month.

Key Highlights

  • 0% vacancy rate indicating high demand and consistent income.
  • Located in the commercial district of CB South, offering redevelopment potential.
  • Opportunity to build up, creating more commercial or residential space.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Auto Repair Shop Garden Center Furniture & Home Goods Cafe & Coffee Shop Electrical Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - 12-unit storage facility with redevelopment potential in CB South.
Where is this self storage facility located?
The property is located at 65 Gillaspey Ave Crested Butte, CO.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 0% vacancy rate indicating high demand and consistent income.; Located in the commercial district of CB South, offering redevelopment potential.; Opportunity to build up, creating more commercial or residential space.
More about this property
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