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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.
LAST UPDATED | 4/7/2024 | TRACT | None |
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YEAR BUILT | 1890 | COMMUNITY | Crested Butte |
COUNTY | Gunnison | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AREA | Crested Butte |
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BASEMENT | Concrete, Yes |
HEAT | Natural Gas |
LOT | 10019 sq ft |
PARKING | Off Street |
SUBDIVISION | None |
TAXES | 40984 |
UTILITIES | Natural Gas Available |
WATER | Public |
ZONING | Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with LIV Sotheby's International Realty - CB
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