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228 Elk Avenue

Crested Butte, CO 81224
  • $6,995,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 837411
$6,995,000
  • 2
    BEDS
  • 0.07
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 3,492
    SQFT
  • $2,003
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1882
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of LIV Sotheby's International Realty - CB: 970-349-6653.


Description

Above the street-level commercial space, currently home to the well-established McGill's restaurant, a spacious two-bedroom, two-bath residence with a loft adds a special level of versatility to this mixed-use offering. Included as part of the sale of the entire property, the residence provides an ideal opportunity for an owner-occupant, employee housing, a long-term rental, or a private mountain retreat. The living room windows overlook Elk Avenue, offering a sought-after perspective of downtown Crested Butte and its year-round energy, from everyday activity to the community's celebrated events and festivals. The thoughtfully designed floor plan includes two bedrooms, two baths, and a generous loft that overlooks the living room and through the windows onto Elk Ave. A private deck at the rear of the residence provides a quiet outdoor escape, while separate access from both Elk Avenue and the alley offers convenience and privacy found in this downtown property. Whether preserving the existing restaurant, leasing the commercial space, or reimagining its future, the residential component enhances both the functionality and long-term value of this remarkable downtown property.

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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 2026. 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: 2026-08-09T23:56:24.36.
www.destinationdro.com/homes/179136690
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228 Elk Avenue Crested Butte, CO 81224

  • Price: $6,995,000
  • Status: Active
  • On Site: 17 Days
  • MLS #: 837411
2
Beds
2
Baths
0
½ Baths
0.07
Acres
3,492
SQFT
$2,003
$/SQFT
1882
Built
Neighborhood:
Crested Butte (Town Of)
County:
Gunnison
Area:
Crested Butte
Elementary School:
Gunnison 1-5
Middle School:
Gunnison 6-8
High School:
Gunnison 9-12
Property Description
Above the street-level commercial space, currently home to the well-established McGill's restaurant, a spacious two-bedroom, two-bath residence with a loft adds a special level of versatility to this mixed-use offering. Included as part of the sale of the entire property, the residence provides an ideal opportunity for an owner-occupant, employee housing, a long-term rental, or a private mountain retreat. The living room windows overlook Elk Avenue, offering a sought-after perspective of downtown Crested Butte and its year-round energy, from everyday activity to the community's celebrated events and festivals. The thoughtfully designed floor plan includes two bedrooms, two baths, and a generous loft that overlooks the living room and through the windows onto Elk Ave. A private deck at the rear of the residence provides a quiet outdoor escape, while separate access from both Elk Avenue and the alley offers convenience and privacy found in this downtown property. Whether preserving the existing restaurant, leasing the commercial space, or reimagining its future, the residential component enhances both the functionality and long-term value of this remarkable downtown property.
Exterior Features

Acreage Range Less than .25 Carport No Construction Type Wood Exterior Inclusions Deck Garage No Property Attached No Roof Metal Sewer Source Public Sewer Siding Wood Stories 1.5 Story Street Description City/Town Style Other Utilities ElectricInternetNatural Gas Views Mountains Water Source Public Water Well No Waterfront YN No

Interior Features

Additional Living Quarters No Appliance Inclusions DishwasherDisposalDryerRange/OvenRefrigeratorWasher Flooring Hardwood Heating Fuel Source Natural Gas Heating System Floor Radiant Interior Inclusions W/D Hookup Master Bedroom Level Upper Level One Quarter Baths 0 Total Office Dens 0 Water Heater Gas Water Heater

Property Features

Condo Townhome Complex Other Current Use CommercialMixed-UseResidential Green Certification No Hoa No New Construction YN No Possible Property Use CommercialMixed-UseResidential Real Estate Included Yes Reo Lender Owned No Special Assement No Tax Year 2025 Total Taxes 32105.35 Water Rights No Zoning Mixed-Use

[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 2026. 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: 2026-08-09T23:56:24.36.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of LIV Sotheby's International Realty - CB: 970-349-6653.