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428 Elk Avenue , B

Crested Butte, CO 81224
  • $1,195,000
  • STATUS: Active
  • ON SITE: 54 Days
  • MLS #: 838133
UPDATED: 11 min ago
$1,195,000
  • 0
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 2,099
    SQFT
  • $569
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1885
County:

School Ratings & Info

Listing courtesy of Signature Properties Ebner & Associates, LLC: 970-713-2000.


Description

Located in the heart of Crested Butte’s historic Elk Avenue business district, 428 Elk Avenue offers an exceptional opportunity to own a true mixed-use property in one of downtown’s most desirable locations. Zoned for both commercial and residential use, the building combines established retail space with a charming residence above, creating flexibility for an investor, business owner or someone looking to live and work in the center of Crested Butte. The main level features approximately 1,160 square feet of prime retail space with excellent Elk Avenue presence. The current retail tenant has operated a successful business here for nearly 20 years, a testament to the visibility, foot traffic and strength of this location. Upstairs, a comfortable approximately 930-square foot, two bedroom residence is filled with classic Crested Butte character and offers the unique experience of living right in the middle of downtown. Step outside to the fenced east side of the property, where an inviting patio provides a private outdoor space just steps from Elk Avenue. Whether envisioned as an investment, an owner-operated business with housing above, or a combination of commercial and residential uses, 428 Elk Avenue captures the character and versatility that make downtown Crested Butte properties so special. Opportunities to own both commercial and residential space on Elk Avenue don’t come along often!

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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: 2026-10-08T06:56:33.733.
www.destinationdro.com/homes/180171371
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428 Elk Avenue , B Crested Butte, CO 81224

  • Price: $1,195,000
  • Status: Active
  • On Site: 54 Days
  • Updated: 11 min ago
  • MLS #: 838133
0
Beds
1
Baths
1
½ Baths
N/A
Acres
2,099
SQFT
$569
$/SQFT
1885
Built
Neighborhood:
Crested Butte
County:
Gunnison
Area:
Crested Butte
Property Description
Located in the heart of Crested Butte’s historic Elk Avenue business district, 428 Elk Avenue offers an exceptional opportunity to own a true mixed-use property in one of downtown’s most desirable locations. Zoned for both commercial and residential use, the building combines established retail space with a charming residence above, creating flexibility for an investor, business owner or someone looking to live and work in the center of Crested Butte. The main level features approximately 1,160 square feet of prime retail space with excellent Elk Avenue presence. The current retail tenant has operated a successful business here for nearly 20 years, a testament to the visibility, foot traffic and strength of this location. Upstairs, a comfortable approximately 930-square foot, two bedroom residence is filled with classic Crested Butte character and offers the unique experience of living right in the middle of downtown. Step outside to the fenced east side of the property, where an inviting patio provides a private outdoor space just steps from Elk Avenue. Whether envisioned as an investment, an owner-operated business with housing above, or a combination of commercial and residential uses, 428 Elk Avenue captures the character and versatility that make downtown Crested Butte properties so special. Opportunities to own both commercial and residential space on Elk Avenue don’t come along often!
Exterior Features

Carport No Lot Dimension n/a Property Attached Yes Roof Metal Sewer Public Sewer Installed Stories 2 Street Description City/TownPaved Water Public Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 2099 Flooring CarpetTileWood Foundation Crawl Space Heating Fuel Source ElectricNatural Gas Heating System Electric BaseboardHot Water Baseboard Main Sq Ft 1160 One Quarter Baths 0 Total Offices 0 Upper Sq Ft 939

Property Features

Books Available No Cam Yes Covenants YES Current Use Retail Storefront Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneSanitary SewerWater Fixtures Included No Inventory Included No Lease Included Yes Monthly Cam Charges 50 Monthly Insurance Charges none New Construction YN No Owners Association No Possible Property Use Convenience StoreMixed-UseRestaurantRetail StorefrontShowroom Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2025 Total Taxes 8845.18 Type Multi-Use w/Res Water Rights No Zoning Type CommercialOther

[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: 2026-10-08T06:56:33.733.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of Signature Properties Ebner & Associates, LLC: 970-713-2000.