$1,195,000

428 Elk Avenue Unit: B, Crested Butte CO, 81224

Price per sqft$569.32

Built in1885

Property size2,099 sqft

Property typeCommercial

Listed by Jesse Ebner with Signature Properties Ebner & Associates, LLC 970-713-2000

Overview

Active

Listed Aug 14, 2026

Updated 7h ago

Located in the heart of Crested Butte’s historic Elk Avenue business district, 428 Elk Avenue offers an exceptional opportunity to own a true mixed-use property in one of downtown’s most desirable locations. Zoned for both commercial and residential use, the building combines established retail space with a charming residence above, creating flexibility for an investor, business owner or someone looking to live and work in the center of Crested Butte. The main level features approximately 1,160 square feet of prime retail space with excellent Elk Avenue presence. The current retail tenant has operated a successful business here for nearly 20 years, a testament to the visibility, foot traffic and strength of this location. Upstairs, a comfortable approximately 930-square foot, two bedroom residence is filled with classic Crested Butte character and offers the unique experience of living right in the middle of downtown. Step outside to the fenced east side of the property, where an inviting patio provides a private outdoor space just steps from Elk Avenue. Whether envisioned as an investment, an owner-operated business with housing above, or a combination of commercial and residential uses, 428 Elk Avenue captures the character and versatility that make downtown Crested Butte properties so special. Opportunities to own both commercial and residential space on Elk Avenue don’t come along often!

Additional information

MLS^® ID: 838133

Interior Features

Bathrooms: 2
Heating: Yes
Basement: No

Other Property Details

Taxes: $8,845
Tax Frequency: Annually

Listed by Jesse Ebner with Signature Properties Ebner & Associates, LLC 970-713-2000

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Data last updated on: 10/11/2026