$6,995,000
 $37,551 est/mo Sourced by Back At You

228 Elk Avenue,Crested Butte, CO 81224

Crested Butte, CO 81224

Share:

Description

Above the street-level commercial space, currently home to the well-established McGill's restaurant, a spacious two-bedroom, two-bath residence with a loft adds a special level of versatility to this mixed-use offering. Included as part of the sale of the entire property, the residence provides an ideal opportunity for an owner-occupant, employee housing, a long-term rental, or a private mountain retreat. The living room windows overlook Elk Avenue, offering a sought-after perspective of downtown Crested Butte and its year-round energy, from everyday activity to the community's celebrated events and festivals. The thoughtfully designed floor plan includes two bedrooms, two baths, and a generous loft that overlooks the living room and through the windows onto Elk Ave. A private deck at the rear of the residence provides a quiet outdoor escape, while separate access from both Elk Avenue and the alley offers convenience and privacy found in this downtown property. Whether preserving the existing restaurant, leasing the commercial space, or reimagining its future, the residential component enhances both the functionality and long-term value of this remarkable downtown property.

Details

MLS #837411
Listing TypeFor Sale
StyleCondominium
Building NameOther
Sub-TypeResale
StatusActive
Year1882
Days On Site90
Listing Provided ByLIV Sotheby's International Realty - CB | Betsy Wiebe

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet3,492
ZoningMixed-Use
Acreage0.07
Property ViewYes

Interior

Heating Yes / NoYes
HeatingNatural Gas, Radiant Floor
Interior FeaturesUpper Level Primary
FurnishedUnfurnished
AppliancesDryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Washer

Exterior

Exterior FeaturesDeck
RoofMetal
Construction MaterialsWood Siding

Parking

Garage Yes / NoNo

Utilities

UtilitiesElectricity Available, Natural Gas Available, High Speed Internet Available

Other

List AorGunnison Crested Butte Association Of Realtors

Taxes

Property32105

Area Information

StateCO
CountyGunnison
CityCrested Butte
Zip Code81224
AreaCrested Butte
Community NameCrested Butte (Town of)
School DistrictGunnison 9-12
Elementary SchoolGunnison 1-5
High SchoolGunnison 9-12
Listing VS Median (in Crested Butte (Town of))
Price:
$6,995,000
low | high
Med:
$1,574,500
100% of Average
sqft:
3,492
low | high
Med:
1,823
97.794959908362% of Average
$ / sqft:
$2,003
low | high
Med:
$953
100% of Average
On site:
90
low | high
Med:
276.5
32.54972875226% of Average
Sourced by Back At You

Market Activity 81224

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Distinctive Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.

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 CREN contain that company’s name.

Fair Housing Disclaimer

Contact

Learn More About This Property

StateCO
CountyGunnison
CityCrested Butte
Zip Code81224
AreaCrested Butte
Community NameCrested Butte (Town of)
School DistrictGunnison 9-12
Elementary SchoolGunnison 1-5
High SchoolGunnison 9-12
Listing VS Median (in Crested Butte (Town of))
Price:
$6,995,000
low | high
Med:
$1,574,500
100% of Average
sqft:
3,492
low | high
Med:
1,823
97.794959908362% of Average
$ / sqft:
$2,003
low | high
Med:
$953
100% of Average
On site:
90
low | high
Med:
276.5
32.54972875226% of Average
Sourced by Back At You
Listing Updated: October 1, 2026 at 12:11:45 PM PDT