Mixed-Use Property with
For Sale
$1,195,000
428 Elk, Crested Butte, CO 81224
Commercial and residential zoning supports a retail operation paired with on-site housing in a historic downtown setting.
Property Size2,099 SF
Price / SF$569.32
Days on Market12
Property Features for 428 Elk
General Information
Standard status
Active
Size
2,099 SF
Property subtype
Mixed Use
Taxes and HOA fees
Annual Taxes
$8,845
Amenities
patio
Building Details
Year Built
1885
Buildings
1
Listing Agency:
Signature Properties Ebner & Associates, LLC
(970) 713-2000
Listed By:
Jesse Ebner · License #ER100017345
Source:
Xome
Added: Aug 11
Changed: Aug 20
Last Checked: Aug 21 at 3:58AM
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 Signature Properties Ebner & Associates, LLC
Investment Insights
Based on property information with market context.
Built in 1885, this mixed-use property combines approximately 1,160 square feet of retail space on the main level with an approximately 930-square-foot, two-bedroom residence above. The 2,099-square-foot building includes a fenced east-side patio, adding private outdoor space to the upper-level living component. Commercial and residential zoning supports a range of owner-user and investment configurations, including a business with housing above.
The property is located at 428 Elk Avenue in Crested Butte’s historic Elk Avenue business district. The existing retail tenant has operated at the property for nearly 20 years, providing an established occupancy history. The upper residence offers a downtown living arrangement within the same building as the commercial space.
The property is located at 428 Elk Avenue in Crested Butte’s historic Elk Avenue business district. The existing retail tenant has operated at the property for nearly 20 years, providing an established occupancy history. The upper residence offers a downtown living arrangement within the same building as the commercial space.
Key Highlights
- 2,099‑square‑foot mixed‑use building constructed in 1885
- Approximately 1,160 SF of main‑level retail space
- Approximately 930‑square‑foot, two‑bedroom residence above
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
832
Businesses Nearby
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 Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial and residential zoning supports a retail operation paired with on-site housing in a historic downtown setting.
Where is this mixed-use property located?
The property is located at 428 Elk Crested Butte, CO.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 2,099‑square‑foot mixed‑use building constructed in 1885; Approximately 1,160 SF of main‑level retail space; Approximately 930‑square‑foot, two‑bedroom residence above
