Stacey Olive
REALTOR®
MLS#836203
STATUS
PROPERTY TYPECommercial - Business
SUBDIVISIONCrested Butte (Town of)
Property Description
Exceptional opportunity to acquire a multi-family property featuring six (6) one-bedroom condo units in the heart of Crested Butte. Each unit has been condominimized, allowing for individual deeded ownership ??? perfect for investors seeking flexibility to sell units separately or operate as a rental portfolio. Don???t miss this rare opportunity to acquire 6 long term multi-family residential apartment units located in the Town of Crested Butte within the Majestic Plaza retail center adjacent to Clarks Market and on the Town of CB bus route. The units have a strong rental history making this an attractive investment opportunity. These units would be suitable for employee housing. Each spacious 2nd floor unit offers 1 bedroom, 1 bath, a large storage/laundry area with built in shelves, a gas fireplace, large windows capturing beautiful mountain views, and 1 off-street assigned parking space. Crested Butte, also known as Colorado???s last great ski town, is an up and coming resort community located 3 miles from the Crested Butte Mountain Resort now owned by Vail Resorts and included in the EPIC pass. The community offers exciting events, music, a creative arts district, and endless recreation opportunities. With all the Crested Butte has to offer the demand for long term rentals has always been high and will continue to be a desirable place for people to call home.
Property Features
Property Type: Commercial - Business
Fuel Type: Natural Gas, Electric
Heating: Electric Baseboard, Fireplace
Taxes: 10,094.58
Year Built: 1997
Feature Descriptions
Access: City/Town
Available Meters: 6 (Gas), 6 (Electric)
Days on Site: 137
Existing Utilities: Natural Gas, Electric
Flooring: Tile, Carpet, Laminate
Landlord Pays: OA Dues
Miscellaneous Information: Lease Included, Real Estate For Sale
Parking: Off Street, 1 per unit
Square Footage: 5855 (Finished)
Substructure: Crawl Space
Tenant Pays: Electric, Gas
Water: Public
Listed By / Shown By
Listed By
Agency Name: Peak Property Management & Sales
Agency Phone: 970-349-6339
Shown By
Agent Name: Stacey Olive
Agent Phone: Cell: (440) 371-9126
Agency Title: Key Realty
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525 Red Lady Avenue | MLS# 836203
This commercial property located at 525 Red Lady Avenue, Crested Butte, CO 81224 is currently listed for sale with an asking price of $2,999,000. Search Crested Butte real estate on www.soldwithstacey.net today.