318 Elk Ave Crested Butte, CO 81224

Listing agency Coldwell Banker Mountain Properties Show Phone

Listed by Letitia McElroy Swan Show Phone

Source Exprealty

Added: Jul 2 Updated: Jul 21 at 1:11AM Checked: Jul 21 at 1:11AM

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Investment Insights

Based on property information with market context.

Butte Plaza is a downtown mixed-use property featuring 10 commercial suites and 8 residential studio apartments. The building totals approximately 13,770 rentable square feet and is configured for diversified, leased income through 18 occupied units.

Commercial tenants reimburse common operating expenses and commercial property taxes. The building has benefited from a recently installed membrane roof system, recent exterior painting, and a professionally maintained elevator, supporting reduced near-term capital requirements.

Located at 318 Elk Ave in Crested Butte, the property provides a substantial downtown mixed-use footprint with on-site commercial and residential components under one roof.

Key Highlights

• Mixed‑use building in downtown Crested Butte with approximately 13,770 rentable SF
• 10 commercial suites occupied by established local businesses and 8 residential studio apartments (18 leased units total)
• Commercial leases reimburse common operating expenses and commercial property taxes

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FAQs

What type of property is this?

Mixed-use property - Mixed-use building with commercial suites and studio apartments, plus a membrane roof system and a professionally maintained elevator.

Where is this mixed-use property located?

The property is located at 318 Elk Ave Crested Butte, CO.

What is the asking price?

The asking price for this property is $6,500,000.

What are key features of this property?

This property features: Mixed‑use building in downtown Crested Butte with approximately 13,770 rentable SF; 10 commercial suites occupied by established local businesses and 8 residential studio apartments (18 leased units total); Commercial leases reimburse common operating expenses and commercial property taxes