Multi-Use Commercial Property in Crested Butte

For Sale: $3,000,000

3,860 sq ft
Lot 6,250 sq ft
12 unassigned parking spaces
yes
Year Built: 2001
MLS: 819149
Parcel: 325503183011
Property Tax: $9,721/year
HOA Fees: $0/month

Downtown CB Commercial Multi-Use Building

Excellent location for this multi-use, multi-unit building in the heart of Crested Butte! Offering 3 commercial units below and 3 long-term residential units above with good cash flow. Currently in the process of being condominiumized where individual & retail units may be purchased separately.

Built in 2001 by Christopher Klein Construction, this building is very efficient offering grandfathered-in natural gas in-floor heat. One of the newer buildings on this street with a 2023 exterior paint job. The way the building was designed was to look like a corner building with front, side and back doors allowing for front, side and back parking. There are two front accesses, four side accesses and 2 back alley accesses with 12 unassigned parking spaces, plus a partial lot for snow storage.

The first floor features 3 sunny retail office spaces, two fronting Belleview Avenue with the other one being east-facing along the east/west alley. The two lower front units share a bath and side unit has a private bath. Access to the second floor is thru an inside stair access located on the eastern side of the building. The second floor has 2, two-bedroom units (600 sf and 1 one-bedroom unit (400 sf), each with Crested Butte Mountain views and their own washer/dryer in the hallway. Tenants pay for internet, cable, electric & snow removal on walkways & Owner pays for all other utilities such as natural gas, water, sewer and road snow removal. NDA needed from buyer to disclose profit/loss statement and copy of existing leases and terms.

Roof is a Carlyle Brand Rubber Roof. Today, all new construction in the town of Crested Butte will now have to be all-electric heat.

R2C Zoning:Permitted uses.The following uses shall be permitted in the "R2C" District:(1) One-family and two-family dwelling units. (2) Accessory building, nonresidential use, not heated or plumbed. (3) Home occupations. (4) Private garages as accessory buildings to the principal uses.

Conditional Uses: The following uses shall be permitted as conditional uses in the "R2C" District:(1) Three-family and multi-family dwelling units. (2) Accessory dwellings, not to exceed one thousand (1,000) square feet of floor area or two-thirds (?) of the floor area of the principal building, whichever is smaller. (3) Historic primary dwellings redesignated as accessory dwellings, of a size not to exceed one thousand (1,000) square feet of floor area, under the conditions as are set forth in Sections 16-8-70 and 16-11-10 of this Chapter. (4) Public playgrounds and public recreation areas. (5) Second accessory dwellings, on lots of sizes greater than six thousand two hundred fifty (6,250) square feet, not to exceed one thousand (1,000) square feet of floor area or two-thirds (?) of the floor area of the historic primary structure, whichever is smaller, under the conditions as are set forth in Section 16-8-60 of this Chapter. (6) Churches and church schools. (7) Nonprofit libraries and museums. (8) Farm and garden buildings. (9) Public and private schools. (10) Shop crafts. (11) Bed and breakfast establishments, provided that the granting of such conditional use shall be subject to the requirements for short-term rentals in the "R1" District as set forth in Subsection 16-14-90(c) of this Chapter. (12) Parking areas. (13) Accessory building, nonresidential use, heated. R2C link: https://library.municode.com/co/crested_butte/codes/municipal_code?nodeId=CH16ZO_ART4REDI_DIV7R2COREDI

 

 

 

Amenities

Good Cash Flow
In-Town Location
Mountain Views
Natural Gas Heat
Multi-Use Opportunity
Condominiumization in Process
Retail & Residential
Unique Floorplan
Close to Downtown
Close to Bus Stop
close to Shops & Restaurants
Easy to Maintain
Recently Repainted

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Floor Plans

Map & Nearby Places

309 Belleview
Crested Butte, CO 81224

crested butte

Crested Butte is a quaint 1880's historic mining town that is a Registered National Historic District.

Eclectic Ski Town Charm. A designated National Historic District, Crested Butte maintains an untouched small-town charm that appeals to locals and visitors alike with its historic buildings reminiscent of Colorado's great mining era. In 2008, Crested Butte was recognized by OUtside Magazine as one of the "Top 10 Places to Live Now."

With its lively community, fine restaurants and eclectic assortment of boutique shops, Crezted Butte offers everything expected of a resort community coupled with an unconventional attitude that is uniquely its own. Known for impromptu parades and costumed revelry, the people of Crested Butte are warm, genuine and as eccentric as the town itself.

But the Crested Butte Valley isn't strictly limited to the Town of Crested Butte; rather, an assortment of communities contributes to its vibrancy of the area. Just a few minutes south of town, you will find Skyland - a prestigious country club community featuring a Robert Trent Jones II Championship Golf Course.  CB South and Riverbend ae each just a short drive to the amenities of town and the mountain, but without the higher price tags, while Red Mountain Ranch, Danni Ranch and various other 35-acre communities give you the pristine, wide open spaces you crave.

Beyond the Town of Crested Butte's eclectic ski town charm, there's something for everyone in the valley.

Jana Barrett

Broker Associate/ Luxury Property Specialist - Bluebird Real Estate
#FA1318305
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