228 Elk Avenue Active

Crested Butte,CO 81224

$ 7250000

- Bed

4 Baths

3492 SqFt


Key Details

Property Type Commercial

Sub Type Restaurant

Listing Status Active

Purchase Type For Sale

Square Footage 3,492 sqft

Price per Sqft $2,076

MLS Listing ID 811584

Full Baths 1

Half Baths 2

Three Quarter Bath 1

Year Built 1893

Tax Year 2023

Lot Size 3,049 Sqft

Property Sub-Type Restaurant

Property Description

McGills Restaurant Building is quintessential Crested Butte located in the center of Town on Elk Avenue. Built around 1893, it served as the Town's grocery store run by Tony and Elanor Stephanic until 1988. In 2005 the building's new owner undertook a major renovation including foundational repairs, all new electrical, heating, plumbing, and drywall. The original floors were removed, refinished and laid back down. At that time a new roof was installed and again redone in 2016. Since the remodel, the first floor has been occupied and has operated as McGills Restaurant, a successfull breakfast and lunch restaurant. The second floor apartment consists of a 2 bedroom, 2 bath, with loft apartment and is currently rented month to month. 228 Elk, only 50 feet from the center of town at 3rd and Elk, commands the most central, high traffic spot amonst the Town's historic district. In addition to restaurant use, general retail business opportunities are permitted.

Location

State CO

County Gunnison

Interior

Heating In-Floor Radiant

Flooring Tile,Wood

Exterior

Parking Features None

Utilities Available Electric,Internet,Natural Gas,Phone,Sanitary Sewer,Water

Roof Type Metal

Building

Story 2

Foundation Basement-Below Grade,Concrete

Sewer Public Sewer Installed,Sewer Tap Paid

Water Public,Tap Installed Paid,Water Installed

New Construction No

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