I am pleased to announce another successful real estate transaction in the town of Crested Butte. My listing at 306 Belleview sold recently for $637,500. The property is a newer, mixed use building featuring a shop, professional office spaces and a penthouse condo.
Built in 2008, 306 Belleview is the first building in Crested Butte to be built to new IBC codes. Located in the heart of the Belleview / Red Lady Avenue commercial/residential district, it comprises four condo units totaling 2450 sft. including a very cool, 3rd floor, 850 sft, south-facing apartment with views of Gibson’s Ridge. The first floor shop features alley access and a basement below – very useful. Middle floor features two stylish office spaces with bathrooms. Building is fully leased and achieving a respectable cap rate. Access off Belleview Avenue and alley. Designated parking.
