$1,195,000
( $569.32Per Sq Foot )
 $6,415 est/mo Sourced by Back At You

428 Elk Avenue,Crested Butte, CO 81224

Crested Butte, CO 81224

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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!

Details

MLS #838133
Listing TypeFor Sale
StyleMixeduse
Sub-TypeResale
StatusActive
Year1885
Days On Site72
Listing Provided BySignature Properties Ebner & Associates, LLC | Jesse Ebner

Features

Bath(s) 2 Total
SQ Feet2,099
BasementY
Story(s)2
Units2
ZoningCommercial,Other

Interior

Heating Yes / NoYes
HeatingBaseboard, Electric, Natural Gas
FurnishedUnfurnished

Exterior

RoofMetal
Foundation DetailsCrawlspace

Utilities

UtilitiesElectricity Connected, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available

Other

List AorGunnison Crested Butte Association Of Realtors

Taxes

Property8845

Area Information

StateCO
CountyGunnison
CityCrested Butte
Zip Code81224
AreaCrested Butte
Listing VS Median (in 81224)
Price:
$1,195,000
low | high
Med:
$1,950,000
13.179916317992% of Average
sqft:
2,099
low | high
Med:
2,608
25.750357313006% of Average
$ / sqft:
$569
low | high
Med:
$748
18.667697717997% of Average
On site:
72
low | high
Med:
480.5
14.984391259105% of Average
Sourced by Back At You

Market Activity 81224

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Learn More About This Property

StateCO
CountyGunnison
CityCrested Butte
Zip Code81224
AreaCrested Butte
Listing VS Median (in 81224)
Price:
$1,195,000
low | high
Med:
$1,950,000
13.179916317992% of Average
sqft:
2,099
low | high
Med:
2,608
25.750357313006% of Average
$ / sqft:
$569
low | high
Med:
$748
18.667697717997% of Average
On site:
72
low | high
Med:
480.5
14.984391259105% of Average
Sourced by Back At You
Listing Updated: October 10, 2026 at 10:55:25 AM PDT