120 & 122 Elk Avenue 1-11, Crested Butte, CO

$7,000,000

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7,835

Square feet

0.23

Acres

About 120 & 122 Elk Avenue 1-11

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.

Listing by LIV Sotheby's International Realty - CB

Features of 120 & 122 Elk Avenue 1-11

MLS® # 811788
Price $7,000,000
Bathrooms 0.00
Full Baths 2
Half Baths 5
Square Footage 7,835
Acres 0.23
Year Built 1890
Type COMMERCIAL
Sub-Type Multi-Use w/Res
Status Active

Community Information

Address 120 & 122 Elk Avenue 1-11
Area Crested Butte
Subdivision None
City Crested Butte
County Gunnison
State CO
Zip Code 81224

Amenities

Waterfront Creek

Interior

Heating Natural Gas
Fireplace No

Exterior

Roof Metal
Foundation Concrete Perimeter

Additional Information

Date Listed March 21st, 2024
Zoning Commercial
Data Source Cren MLS

Listing Details

OfficeLIV Sotheby's International Realty - CB

Listing Map

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