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Blue Pitcher Lindner

bluelindner@gmail.com +1(970) 946-1877

$ 6,995,000

Est. payment | -/mo

4 Baths

3,492 SqFt

Save

$ 6,995,000

Est. payment | -/mo

Save

4 Baths

3,492 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Use w/Res

Listing Status Active

Purchase Type For Sale

Square Footage 3,492 sqft

Price per Sqft $2,003

Subdivision Crested Butte (Town Of)

MLS Listing ID 837410

Full Baths 1

Three Quarter Bath 1

Year Built 1882

Annual Tax Amount $32,105

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Multi-Use w/Res

Property Description

Some buildings simply occupy a place on Elk Avenue. Others help define it. For well over a century, 228 Elk Avenue has been intertwined into the daily life of Crested Butte. Built around 1882, this landmark property has welcomed generations of locals and visitors alike, from its early days as a neighborhood grocery store to its current role as the longtime home of McGill's, one of downtown's favorite breakfast and lunch destinations. Today, the opportunity extends well beyond the building itself. Included in the sale is the established McGill's restaurant, allowing a new owner to continue a successful business with a loyal customer base and strong local recognition. At the same time, the property's mixed-use zoning and highly visible Elk Avenue location create the freedom to reimagine the space with an entirely new concept, should a different vision take shape. Thoughtfully renovated in the mid-2000s, the building balances historic authenticity with modern functionality. Extensive structural and mechanical upgrades including electrical, plumbing, heating, foundation, roof, and drywall improvements were completed while preserving the character that makes the property so memorable. Original hardwood floors, restored architectural details, and timeless craftsmanship continue to tell the story of its past. Above the commercial space, a spacious two-bedroom, two-bath residence with a loft adds another layer of versatility. Whether used as an owner's retreat, employee housing, long-term rental, or live-work residence, the upper level offers flexibility that is increasingly rare in downtown Crested Butte. Positioned in the center of one of Colorado's most celebrated mountain towns, just steps from restaurants, galleries, boutiques, and year-round community events, 228 Elk Avenue offers something that cannot be replicated: an authentic piece of Crested Butte's history paired with the opportunity to shape its future. Whether preserving a beloved local institution or introducing the next great chapter on Elk Avenue, this is a property where history, community, and possibility come together.

Location

State CO

County Gunnison

Interior

Heating Boiler, In-Floor Radiant

Flooring Wood

Furnishings Partially Furnished

Exterior

Garage Spaces 2.0

Utilities Available Electric, Internet, Natural Gas, Sanitary Sewer, Water

Roof Type Metal

Building

Story 3

Foundation Concrete

Sewer Public Sewer Installed

Water Public

New Construction No

Colorado Real Estate Network (CREN) + Sold

Listed by LIV Sotheby's International Realty - CB

Nearby Locations

GET MORE INFORMATION

Blue Pitcher Lindner

Broker-Owner | Lic# ER100068668

bluelindner@gmail.com

+1(970) 946-1877

2261 Eagle Drive, Pagosa Springs, CO, 81147

228 Elk Avenue Crested Butte, CO 81224

Blue Pitcher Lindner

Key Details

Location

Interior

Exterior

Building

228 Elk Avenue