129 Gothic Avenue
129 Gothic Avenue Crested Butte, Colorado 81224 United States

$11,000,000
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An iconic property located in the coveted historic west end of Town, this one of a kind Crested Butte hotel cannot be duplicated. At 10,391 SF, the property features 19 guest rooms, 22 bathrooms, a managers apartment, spacious common areas for...

Listing Courtesy of LIV Sotheby's International Realty - CB

$11,000,000
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9
Full Baths
4
Partial Baths
.18 Acres
Exterior
Commercial
Property type
1919
Year Built
789847
Web Id
789847
MLS ID
Gunnison Watershed RE-1J
School District
117
days ago

About 129 Gothic Avenue

An iconic property located in the coveted historic west end of Town, this one of a kind Crested Butte hotel 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 Avenues 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 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 a high performance website and domain name plus the business brand. There is also a fleet of townie bikes for guests and overnight storage for skis and bikes. Recent capital improvements include a new commercial laundry room, a new Wolf range, new windows, recently replaced roof, a new deck with custom iron railings, and a commercial grade internet and WiFi system by King Systems. The offering includes a commercial (vacant) parcel located on Belleview Avenue.

Listing Courtesy of LIV Sotheby's International Realty - CB, CREN MLS

PROPERTY INFORMATION

Heating
Electric, Natural Gas, Wood
Parking Description
Off Street, 10-20 Total Spaces, Common
Sewer
Public Sewer Installed

EXTERIOR

Roofing
Metal

INTERIOR

Flooring
Carpet, Wood

ADDITIONAL INFORMATION

Number of Units
2
This Crested Butte Commercial is for Sale at $11,000,000 and was built in 1919. Has on a lot of .18 Acres9 full baths and 4 partial baths.

 

Listing Courtesy of LIV Sotheby's International Realty - CB

Listing Courtesy of LIV Sotheby's International Realty - CB

Listing Courtesy of LIV Sotheby's International Realty - CB
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