228 Elk Avenue, Crested Butte, CO

$7,250,000

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3,492

Square feet

0.07

Acres

About 228 Elk Avenue

McGills Restaurant Building is quintessential Crested Butte located in the center of Town on Elk Avenue. Built around 1893, it served as the Town's grocery store run by Tony and Elanor Stephanic until 1988. In 2005 the building's new owner undertook a major renovation including foundational repairs, all new electrical, heating, plumbing, and drywall. The original floors were removed, refinished and laid back down. At that time a new roof was installed and again redone in 2016. Since the remodel, the first floor has been occupied and has operated as McGills Restaurant, a successfull breakfast and lunch restaurant. The second floor apartment consists of a 2 bedroom, 2 bath, with loft apartment and is currently rented month to month. 228 Elk, only 50 feet from the center of town at 3rd and Elk, commands the most central, high traffic spot amonst the Town's historic district. In addition to restaurant use, general retail business opportunities are permitted.

Listing by Coldwell Banker Mountain Properties

Features of 228 Elk Avenue

MLS® # 811584
Price $7,250,000
Bathrooms 0.00
Full Baths 1
Half Baths 2
Square Footage 3,492
Acres 0.07
Year Built 1893
Type COMMERCIAL
Sub-Type Restaurant
Status Active

Community Information

Address 228 Elk Avenue
Area Crested Butte
City Crested Butte
County Gunnison
State CO
Zip Code 81224

Interior

Heating Natural Gas
Fireplace No

Exterior

Roof Metal
Foundation Basement-Below Grade, Concrete Perimeter

Additional Information

Date Listed March 12th, 2024
Zoning Business
Data Source Cren MLS

Listing Details

OfficeColdwell Banker Mountain Properties

Listing Map

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