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Undeveloped Commercial Land Parcel
For Sale
$599,000

257 Gillaspey Avenue, Crested Butte, CO 81224

LAND, Crested Butte, CO

Property SizeContact for details
Lot Size0.33 Acres
Days on Market67

Property Features for 257 Gillaspey Avenue

General Information

Property type Land
Property subtype Other
Directions From the town of Crested Butte, head south on Highway 135 for 7 miles. Take a left onto Cement Creek Road and then another left onto Teocalli. Then, take your first right onto Elcho followed by another left onto Gillaspey.
Standard status Active
Lot size 0.33 Acres
Listing Agency: Bluebird Real Estate, LLC
Listed By: Margaret Dethloff
Added: Jun 25 Changed: Aug 19 Last Checked: Aug 30 at 5:06AM
MLS# 831536

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.

This offering is an undeveloped commercial land parcel totaling 0.33 acres, presented as a flat building site. With no existing improvements cited, the property is being marketed for new construction and redevelopment planning, supported by the site’s straightforward, build-ready character. The lot’s size and open condition provide flexibility for a range of project concepts, subject to applicable approvals.

Located at 257 Gillaspey Avenue in Crested Butte, the parcel sits on the perimeter of the commercial district within Crested Butte South’s commercial neighborhood. Public remarks indicate the area is continuing to expand its commercial presence, and the property is positioned within a community that offers residents fishing rights and access to Red Mountain Park, with hiking, biking, and motorbike trails described as easily accessible just out Cement Creek Road.

From a tenant or buyer perspective, this is best suited for operators or developers looking for a land opportunity rather than an income-producing asset. The flat topography and undeveloped status support planning for a single-family home, a mixed-use concept incorporating residential and/or commercial components, or a multi-unit residential build, depending on project scope and permitting. Consider this parcel if you want to control the design and positioning of your development from the ground up in a growing commercial area.

Key Highlights

  • Location coordinates provided.
  • Additional property details available.

Property Analytics

Current Use

Commercial land

Suggested Use

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

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

112
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Flat 0.33-acre lot on the perimeter of the commercial district with flexible development options.
Where is this commercial land located?
The property is located at 257 Gillaspey Avenue Crested Butte, CO.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Location coordinates provided.; Additional property details available.
More about this property
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