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228 Elk Avenue

Crested Butte, CO 81224
  • $7,250,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 811584
$7,250,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
  • 3,492
    SQFT
  • $2,076
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1893
County:

School Ratings & Info

Listing courtesy of Coldwell Banker Mountain Properties: 970-349-5007.


Description

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.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-05-25T23:56:53.097.
www.destinationdro.com/homes/148587747
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228 Elk Avenue Crested Butte, CO 81224

  • Price: $7,250,000
  • Status: Active
  • On Site: 72 Days
  • MLS #: 811584
0
Beds
2
Baths
2
½ Baths
0.07
Acres
3,492
SQFT
$2,076
$/SQFT
1893
Built
Neighborhood:
Crested Butte
County:
Gunnison
Area:
Crested Butte
Property Description
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.
Exterior Features

Acreage Range Less than 1/2 Carport No Lot Dimension 25 x 125 Parking None Roof Metal Sewer Public Sewer InstalledSewer Tap Paid Stories 2 Street Description Paved Water PublicTap Installed PaidWater Installed Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 3492 Flooring TileWood Foundation Basement-Below GradeConcrete Heating Fuel Source Natural Gas Heating System In-Floor Radiant Main Sq Ft 1680 One Quarter Baths 0 Total Offices 0 Upper Sq Ft 1812

Property Features

Available Utilities ElectricInternetNatural GasPhoneSanitary SewerWater Books Available No Cam No Covenants NO Current Business Mc Gills Restaurant Current Use OtherRestaurant Desc Of Business Restaurant Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneSanitary SewerWater Fixtures Included Yes Inventory Included No Landlord Pays Building InsuranceElectricGasReal Estate TaxesSewer/WaterSnow RemovalTrash Lease Included No New Construction YN No Owners Association No Possible Property Use Bar/LoungeConvenience StoreGeneral OfficeMixed-UseRestaurantRetail StorefrontShowroom Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2023 Total Taxes $24625 Type Restaurant Variable Rate No Water Rights No Zoning Type Business

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-05-25T23:56:53.097.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of Coldwell Banker Mountain Properties: 970-349-5007.