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307 Elk Avenue 307 Elk Ave 3,926 SF 100% Leased Retail Building Crested Butte, CO 81224 $2,728,480 CAD ($694.98 CAD/SF)
Investment Highlights
- Prime location in the heart of downtown Crested Butte CO
- Tenant is on a month to month lease and the building will have full availability for a new owner's vision
Executive Summary
Positioned in the vibrant heart of downtown Crested Butte’s business district, this historic commercial building combines charm, visibility, and opportunity. With its classic façade and central placement along the town’s most iconic street, 307 Elk Avenue benefits from steady year-round foot traffic and the unique energy that only Crested Butte’s main thoroughfare canoffer. Currently home to a thriving retail establishment, the property offers a strong foundation for ongoing business operations while allowing flexibility for future uses. In a market where Elk Avenue properties remain in demand, this building represents a chance to own a piece of Crested Butte’s thriving commercial core. Contact us today for more details or to schedule a showing (appointment required).
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$32,593
|
$8.30
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$32,593
|
$8.30
|
Financial Summary (Actual - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $32,593 |
| Annual Per SF | $8.30 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $32,593 |
| Annual Per SF | $8.30 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Building Size
3,926 SF
Building Class
B
Year Built
1890
Price
$2,728,480 CAD
Price Per SF
$694.98 CAD
Percent Leased
100%
Building Height
2 Stories
Zoning
Business - https://library.municode.com/co/crested_butte/codes/municipal_code?nodeId=CH16ZO_ART5BUCODI_DIV2B1BUDI_S16-5-120PEUS
Frontage
30’ on Elk Avenue
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | R003505 | Total Assessment | $599,420 CAD (2025) |
| Land Assessment | $184,882 CAD (2025) | Annual Taxes | $32,593 CAD ($8.30 CAD/SF) |
| Improvements Assessment | $414,538 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
R003505
Land Assessment
$184,882 CAD (2025)
Improvements Assessment
$414,538 CAD (2025)
Total Assessment
$599,420 CAD (2025)
Annual Taxes
$32,593 CAD ($8.30 CAD/SF)
Tax Year
2024
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307 Elk Avenue | 307 Elk Ave
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