Penelopes #1-11120 & 122 Elk AvenueCrested Butte, CO 81224
A special high profile mixed use commercial-residential opportunity on Elk Avenue in the west end of town, Penelopes is available for the first time since the historic restaurant property was completely redeveloped in 2007. Currently home to Asian Ryce Bistro, Chopwood, Creekside Spa, ID Studio and a beautiful 2, 100 SF, 3 bed luxury home on Coal Creek known as the Penthouse, 120 and 122 Elk Avenue comprise 11 total units and 7, 835 SF. The two-building property straddles the creek with patios, walkways and a footbridge. From the Elk Avenue sidewalk a ADA walkway and a big patio serve the restaurant, bar and the upstairs professional spaces access while the retail space enjoys covered porch access right off the sidewalk. The private alley in the rear serves the Penthouse, two garage spaces and three ground floor-patio office spaces. Leases in place with current tenants.
- Property TypeCommercial
- NeighborhoodN/A
- CountyGunnison
- Taxes$40,984
- HOA/Condo/Coop Fees$0
- Days on Site41 Days
- MLS StatusActive
- MLS ID Number811788
- Home Size Source Assessor
- Year Built1890
- Lot Size0.23 Acres
- Full Baths2
- Partial Baths6
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General Features
- Parking Off StreetRear Side Off Street
- Sewer Public Sewer
- Number of Stories 2Two, Three Or More
- Acreage 0.23
- Water Public
- Zoning Commercial
- Property Sub Type Mixed Use
- Utilities Electricity AvailableNatural Gas Connected
- Foundation Concrete Perimeter
Interior Features
- Heating Natural GasRadiant Floor
- Flooring CarpetTileWood
- Furnished? Unfurnished
Exterior Features
- Roof Metal
- Waterfront Property No
- Waterfront Features Creek
- Road Frontage City StreetOther
Community Features
- MLS Area Crested Butte