35
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$11,000,000
Est. payment /mo
22 Baths
10,391 SqFt
New
129 Gothic Avenue Crested Butte, CO 81224
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Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 10,391 sqft
Price per Sqft $1,058
MLS Listing ID 837287
Full Baths 9
Half Baths 4
Three Quarter Bath 9
Year Built 1919
Annual Tax Amount $35,139
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Hotel/Motel
Property Description
An iconic property located in the coveted historic west end of Town, this one of a kind Crested Butte hotel and bed and breakfast business cannot be duplicated. At 10,391 SF, the property features 19 guest rooms, 22 bathrooms, a managers apartment, spacious common areas for guests, a large kitchen, a full bar, comfortable guest lounging and dining areas as well 2 lobby powder rooms. Beautifully renovated and very well maintained, the original locally sourced Douglas fir wood flooring was recently refinished and all of the guest accommodations are individually decorated. The third floor rooms include balconies with spectacular views of the ski resort and the surrounding mountains. The Elk Mountain Lodge is nestled in a quiet residential neighborhood surrounded by historic residences. It is the only in-town hotel located west of 5th Street and enjoys convenient access to Elk Avenue's commercial core and the skier shuttle stop to Crested Butte Mountain Resort. The popular Lower Loop ski, bike and hiking trail system is only a few blocks away. The offering includes all of the assets of the profitable hotel business including all of the fixtures, furnishings and equipment. Highlights include the Baby Grande piano, a liquor license, a roomy hot tub facility, deeded off-street parking, a large front deck, and a 1,203 SF basement. Other assets include the business' high performance website and domain name plus the business' brand. There is a fleet of townie bikes for guests and overnight storage for skis and bikes. Recent capital improvements include a new commercial laundry room, a Wolf range, recently replaced windows, recently replaced roof, a new deck with custom iron railings, and a commercial grade internet and WiFi system by King Systems. The options are endless for this property with the included multi-use residential and commercial zoning. House employees or a family in the four first floor rooms, while maintaining 15 guest rooms upstairs, or continue using it as a lodge with 19 guest rooms. The offering includes a commercially zoned (vacant) parcel located on Belleview Avenue.
Location
State CO
County Gunnison
Interior
Heating Boiler, Electric Baseboard, Fireplace
Flooring Carpet, Wood
Furnishings Furnished
Exterior
Parking Features Off Street, 10-20 Total Spaces, Common
Garage Spaces 9.0
Utilities Available Electric, Internet, Natural Gas, Phone, Water
Roof Type Metal
Building
Story 3
Foundation Basement-Below Grade
Sewer Public Sewer Installed
Water Public
New Construction No
Listed by LIV Sotheby's International Realty - CB
NEARBY SCHOOL & BUSINESS
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