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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# 831537

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.

Offered for sale is an undeveloped commercial land parcel totaling 0.33 acres with a flat building site. The lot is positioned on the perimeter of the commercial district, providing a blank canvas for future development. The property is described as suitable for a range of concepts, including a single-family home, mixed-use development with residential and/or commercial components, or a multi-unit residential build.

The property is located at 257 Gillaspey Avenue in Crested Butte, within Gunnison County. The listing notes that this is one of the few undeveloped parcels on the edge of the commercial area, in the heart of Crested Butte South’s commercial neighborhood as the area continues to develop.

For developers and owner-users looking for site flexibility, the flat topography and undeveloped status can simplify early planning and project design. The listing also indicates that Crested Butte South property owners enjoy fishing rights, with access to Red Mountain Park and nearby hiking, biking, and motorbike trails reachable just out Cement Creek Road. Buyers can evaluate how the lot size and flat site align with their intended mix of residential and/or commercial uses.

Key Highlights

  • Undeveloped 0.33‑acre lot on the perimeter of the commercial district in Crested Butte South
  • Flat building site suitable for development
  • Crested Butte South property owners have fishing rights

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, undeveloped 0.33-acre lot on the perimeter of the commercial district, offering flexibility for multiple development concepts.
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: Undeveloped 0.33‑acre lot on the perimeter of the commercial district in Crested Butte South; Flat building site suitable for development; Crested Butte South property owners have fishing rights
More about this property
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