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Mixed-Use Building with Retail and Residential
For Sale
$2,550,000

309 Belleview Ave, Crested Butte, CO

Multi-unit building with three ground-floor commercial units and three long-term residential units above, built in 2001.

Property Size4,073 SF
Price / SF$626.07
Days on Market662

Property Features for 309 Belleview Ave

General Information

Standard status Active
Size 4,073 SF
Total Parking Spaces 12

Units

Multifamily Units 3
Office Units 3

Building Details

Year Built 2001
Year Renovated 2023
Stories 2
Tenancy Multi
Listing Agency: Bluebird Real Estate, LLC
Listed By: Jana Barrett · License #FA1318305
Source: Exprealty
Added: Nov 2, 2024 Changed: Aug 23 Last Checked: Aug 25 at 8:42AM

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 Bluebird Real Estate, LLC

Investment Insights

Based on property information with market context.

This multi-use, multi-unit building offers three commercial units on the ground level and three long-term residential units on the upper floor. Constructed in 2001 by Christopher Klein Construction, the property was designed for multiple exterior entries, including front, side, and back door access to accommodate front, side, and back parking. The building features efficient in-floor heat with grandfathered-in natural gas.

The first floor includes three retail office spaces, with two units fronting Belleview Avenue and one east-facing along the east/west alley. Two lower front units share a 1/2 bath, and a side unit includes a private 1/2 bath. Access to the second floor is provided via an interior stair located on the eastern side of the building.

The second floor consists of two two-bedroom units and one one-bedroom unit, with each residential unit having its own washer/dryer located in the hallway. Tenants are responsible for internet, cable, electric, and snow removal on walkways, while the owner pays other utilities including natural gas, water, sewer, and road snow removal. The roof is a Carlyle Brand Rubber Roof, and the exterior received a 2023 paint update. The property is currently condominiumized, allowing for individual retail and unit purchases, and includes multiple parking accesses plus 12 unassigned parking spaces and partial lot area for snow storage.

Key Highlights

  • Built in 2001 by Christopher Klein Construction: 3 commercial units on the ground floor and 3 long‑term residential units above
  • Grandfathered natural gas in‑floor heat for the building
  • Roof is a Carlyle Brand rubber roof

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Repair Shop Garden Center Grocery & Convenience Store Veterinary Clinic Barber Shop (Bike/Boat/Book/etc) Store

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

Lease Details

3
Office units
3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

823
Businesses Nearby

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-unit building with three ground-floor commercial units and three long-term residential units above, built in 2001.
Where is this mixed-use property located?
The property is located at 309 Belleview Ave Crested Butte, CO.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Built in 2001 by Christopher Klein Construction: 3 commercial units on the ground floor and 3 long‑term residential units above; Grandfathered natural gas in‑floor heat for the building; Roof is a Carlyle Brand rubber roof
More about this property
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