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Financial
Distress signals
Property profile

228 Elcho Ave A Crested Butte, CO 81224

FOR SALE
Turn key restaurants
Property ID
US13-1329504
2,350 SF Built 1999
Last sale Aug 2021 · $760,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Unit A is configured as a ground-floor commercial space previously used as a combination restaurant and convenience store alongside a gas station. The interior includes an indoor bar and grill area, with a spacious outdoor deck featuring an outdoor bar area. The premises include off-street parking, two half bathrooms for guests, and a convenience store area with beverage coolers. The unit includes a brand-new flat-top grill that was installed in Spring 2025, with trade fixtures reported to be…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$202k
Assessed improvement$202k
Effective rate6.65%

Value estimate

· Oct 2026
$755k
$680k – $831k
AI approach$885k
Submarket $/SF estimate$884k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGUNNISON

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand index
Auto Repair Shop8.7
Furniture Store8.3
Garden Center8.3

Location

228 Elcho Ave, Unit A Crested Butte, CO 81224
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
601 6th, Crested Butte, CO 81224-5672 $1,195,000 Dec 2025 1,696 SF
207 Elcho, Crested Butte, CO 81224-9616 $1,380,000 Nov 2025 1,815 SF
212 Elk, Crested Butte, CO 81224 $2,100,000 Dec 2021 2,267 SF
209 Elk, Crested Butte, CO 81224-9608 $2,600,000 Dec 2021 3,543 SF
218 Elk, Crested Butte, CO 81224-9608 $3,450,000 May 2021 3,111 SF
222 Elk, Crested Butte, CO 81224-9608 $1,850,000 Apr 2021 2,855 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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