571 Riverland Dr Crested Butte, CO 81224-8006
This exceptional investment opportunity encompasses a thriving Crested Butte equipment rental center, along with two residential units, all situated within the desirable Riverland Industrial Park at 571 Riverland Drive, Units A, B, C, D, Crested Butte, CO 81224. The 2,331 square foot building, constructed in 2001 and spanning two stories, houses the well-established rental business, boasting an extensive inventory of small tools, Bobcats, and heavy equipment. The business occupies 1,316 square feet of garage bays, providing ample space for inventory storage and maintenance. Significant added value comes from the two residential units – a one-bedroom and a studio apartment – located upstairs. These units offer long-term rental income potential, and could serve as owner or employee housing. The property also features abundant parking and extensive outdoor storage. Overlooking the Slate River and Whetstone Mountain, this property benefits from a prime location, ideally positioned to serve the growing construction industry in the area. The building's multi-unit structure and the inclusion of the successful rental business create a unique and lucrative investment opportunity. This turnkey operation is ready for a new owner to continue its success.
-
Crested Butte Rental Center Inc (Bike/Boat/Book/etc) Store Rental Equipment Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.