Jeff Renevier - Coldwell Banker Distinctive Properties
509 Elk Avenue
Crested Butte, CO 81224

$2,495,000

Description

Originally the home of the manager of the CF&I Company store in the 1800's, 509 Elk Avenue is now the home of Scout's General Store. The property is zoned B-3 with many opportunities, including expansion with restaurant or kitchen with more to-go food, event space, expanded retail, offices above, or the property can revert to a private home by changing the use from commercial to residential. The property underwent an extensive renovation in 2017-2018, including new water lines, waste line, gas line, electric service. The property is ADA accessible, includes a new porch, three dedicated parking spaces in the back, and all new landscaping. Scout's General is profitable and offers a year-round shopping option for handmade, one-of-a-kind, and national brands. A favorite for pop-up shops, workshops, and special events, the store is ready for a new owner to grow the brand and destination or create your own reality! Foot traffic, number of transactions, average ticket price, opportunities for increased revenue, accounts, and training are all offered by seller. Opportunities are endless! Because the home was built by the mining company, the quality is superior to most homes built during the era. The basement is in perfect condition, the foundation is made of square timbers and there are no settling issues. BOZAR approved plans to restore and expand the property as a residential home are also available.

Details

MLS#751810
Sub-TypeResale
StatusActive
Year1899
Days On Site45

Features

SQ Feet1,868
Story(s)2
Units1
ZoningB-3

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Area Information

StateCO
CityCrested Butte
Zip Code81224
AreaCrested Butte
Listing VS Median (in 81224)
Price:
$2,495,000
low | high
Med:
$680,000
100% of Average
SqFt:
1,868
low | high
Med:
0
100% of Average
$ / SqFt:
$1,336
low | high
Med:
$0
100% of Average
On Site:
45
low | high
Med:
543
8.28729281768% of Average
Listing Updated: 12/10/2018
MLS Number: 751810
Listing Provided By:
Amy Wisian  of  Signature Properties Ebner Associates LLC



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