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. See addendum and agent remarks for zoning information
Mls | 819149 |
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Listing Type | For Sale |
Style | Mixed Use |
Buildingname | Cimarron Building |
Subtype | Resale |
Status | Active |
Year | 2001 |
Days On Site | 39 |
Listing Provided By | Bluebird Real Estate, LLC | Jana Barrett |
Baths | 5 Total |
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Sq Feet | 3,856 |
Storys | 2 |
Units | 6 |
Zoning | Business,Commercial,Office,Other |
Acreage | 0.09 |
State | CO |
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County | Gunnison |
City | Crested Butte |
Zip Code | 81224 |
Area | Crested Butte |
Listing VS Median (in 81224) | |
Price: $3,000,000 low | high Med: $1,950,000 SqFt: 3,856 low | high Med: 2,525 $ / SqFt: $778 low | high Med: $772 On Site: 39 low | high Med: 158 |