$7,000,000

0.23± Acres

Active

Gunnison County, CO

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120 & 122 Elk, Crested Butte, Colorado

MLS ID: 811788

Status: Active

Price: $7,000,000

Acres: 0.23±

Type: Development, Commercial

Address: 120 & 122 Elk

City, State: Crested Butte, CO

County: Gunnison County

ZIP Code: 81224

Lat/Long: 38.869789, -106.97704

Parcel Number: 325503151019

Listed by: Channing Boucher of Liv Sotheby's International Realty - Cb

Bathrooms: 8

SqFt: 7,835

Year Built: 1890

Description

A special high profile mixed use commercial-residential opportunity on Elk Avenue in the west end of town, Penelopes is available for the first time since the historic restaurant property was completely redeveloped in 2007. Currently home to Asian Ryce Bistro, Chopwood, Creekside Spa, ID Studio and a beautiful 2,100 SF, 3 bed luxury home on Coal Creek known as the Penthouse, 120 and 122 Elk Avenue comprise 11 total units and 7,835 SF. The two-building property straddles the creek with patios, walkways and a footbridge. From the Elk Avenue sidewalk a ADA walkway and a big patio serve the restaurant, bar and the upstairs professional spaces access while the retail space enjoys covered porch access right off the sidewalk. The private alley in the rear serves the Penthouse, two garage spaces and three ground floor-patio office spaces. Leases in place with current tenants.

Additional Information

Interior

Bathrooms Half: 5

Bathrooms Full: 2

Building Area Total: 7,835

Flooring: Carpet, Tile, Wood

Furnished: Unfurnished

Heating (Yes/no): Yes

Heating: Natural Gas, Radiant Floor

Exterior

Foundation Details: Concrete Perimeter

Inclusions: Furniture, Fixtures

Lot Size Dimensions: Variable

Parking Features: Off Street, Rear Side Off Street

Property Attached: Yes

Road Frontage Type: City Street, Other

Roof: Metal

Stories: 2

Water Source: Public

Waterfront Features: Creek

Financial/HOA/Schools

Association (Yes/no): Yes

Association Name: Penelopes

Days On Market: 138

Tax Annual Amount: 40984

Zoning Description: Commercial

Extra Information

Documents Available: Aerial, Inventory, Legal Description, Lease, Restrictive Covenants

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Jake Hubbell

Hotchkiss, Colorado

(970) 250-9396

Interested? Contact Us Today About This Listing

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Listed By: Channing Boucher of Liv Sotheby's International Realty - Cb

120 & 122 Elk, Crested Butte, Colorado

Description

Additional Information

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Jake Hubbell

Interested? Contact Us Today About This Listing

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