Exclusive Commercial Listing

Penelope’s on Elk Avenue

For Sale: 120 and 122 Elk Avenue Crested Butte
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Price:

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MLS ID:

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Address:

120 and 122 Elk Avenue

City:

Crested Butte

State:

CO

Zip:

81224

Year Built:

2008

Bedrooms:

3

Garage

440 SFT

Views:

Downtown

Community:

Town of Crested Butte

Property Taxes:

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About This Property

Central location – Impressive spaces – Unlimited possibilities

120 Elk Avenue and 122 Elk Avenue represents the most exciting historic reclamation project in the town of Crested Butte in recent years.  Colorado based Larimer Associates completely renovated the original structure that housed Penelope’s Restaurant for decades into retail, restaurant and office uses. This stunning structure is accompanied by new construction for residential and office/retail spaces in an adjacent building overlooking Coal Creek accessed by foot bridge from Elk Avenue. (122 Elk Avenue)


Restaurant – 120 Elk Avenue (Leased – Unit 1)
2150 sft on Elk Avenue
Coal Creek Frontage
Large Heated Patio


Retail – 120 Elk Avenue (Leased – Unit 2)
970 sft of Prime Elk Avenue Frontage retail space!


Four, 2-Story Office Spaces – 120 Elk Avenue
Unit 3 – leased
Unit 4 – leased
Unit 5 – leased
Unit 6 – leased

Luxury Penthouse – 122 Elk Avenue (Unit 10)
Designer Finishes, Fully Furnished
2150 sft on Coal Creek, Vaulted Ceilings, 3 Master Suites,2.5 Bathrooms, Big Office/3rd Bedroom
2 Car, Heated Garage


3 Creekside Patio Offices/Retail Spaces – 122 Elk Avenue
Unit 7 – leased
Unit 8 & 9 – leased

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