Historic Crested Butte Retail
For Sale
$2,550,000
314 Elk Ave, Crested Butte, CO 81224
Prime commercial location with a successful turnkey retail business.
Property Size1,506 SF
Lot Size0.06 Acres
Price / SF$1,693
Days on Market208
Property Features for 314 Elk Ave
General Information
Standard status
Active
Size
1,506 SF
Lot size
0.06 Acres
Taxes and HOA fees
Annual Taxes
$14,885
Listing Agency:
LIV Sotheby's International Realty - CB
(970) 846-3297
Listed By:
Scout Walton · License #EA40029605
(970) 846-3297
Source:
Exprealty
Added: Jan 26
Changed: Aug 20
Last Checked: Aug 21 at 11:18AM
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.
Located in the heart of Crested Butte's "B-1" business district, 314 Elk Avenue presents a commercial property with historical significance. Constructed in 1900, the one-story building encompasses 1,506 square feet on a parcel measuring 24.5 feet wide and 120 feet deep. Reflecting Crested Butte’s historic commercial architecture, the building features a rectangular frame design, a false front with a bracketed cornice, drop siding, large display windows, double-panel glazed doors, transoms, and kickplates. The property's historical significance is enhanced by its varied uses over time, including serving as the town post office from 1925 to 1964. Other past uses include a hotel, mortuary, furniture store, roller rink, movie theater, and photography/book shop. Currently, the property houses the Rocky Mountain Chocolate Factory, a confectionery operating since 1995. The property includes 6 parking spaces accessed off the alley. The core commercial zone and surrounding residential neighborhoods were designated on the National Register of Historic Places in 1974, protecting the town’s mining heritage and architectural charm. This area has become a center of commercial activity with a mix of shops, restaurants, and bars. The property is offered with a lease in place to the franchisee/operator.
Key Highlights
- Prime commercial location in the heart of Crested Butte's B‑1 business district on Elk Avenue.
- Historically significant building constructed in 1900, contributing to the town's protected mining heritage and architectural charm.
- Successful turnkey retail business (Rocky Mountain Chocolate Factory) with a lease in place.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
832
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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 Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Misty Mountain Too — 717 6th St B, Crested Butte, CO 81224
- Bramble and Bloom Floral — 318 Elk Ave #13, Crested Butte, CO 81224
- FIN + ALLY — 503 Red Lady Ave Suite #102, Crested Butte, CO 81224
Frequently Asked Questions
What type of property is this?
Storefront property - Prime commercial location with a successful turnkey retail business.
Where is this storefront property located?
The property is located at 314 Elk 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: Prime commercial location in the heart of Crested Butte's B‑1 business district on Elk Avenue.; Historically significant building constructed in 1900, contributing to the town's protected mining heritage and architectural charm.; Successful turnkey retail business (Rocky Mountain Chocolate Factory) with a lease in place.
