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81 Gillaspey Ave 2,621 SF 100% Leased Retail Building Crested Butte, CO 81224 $1,600,000 ($610.45/SF)
Investment Highlights
- An unbeatable location in the rapidly growing commercial hub of Crested Butte South
- Discover the perfect balance of living, working, and playing in the beloved community of Crested Butte, Colorado!
- Turnkey opportunity: business and 2-bedroom, 1.5-bath apartment all in one package
Executive Summary
Here’s your chance to own a mixed-use property in the heart of Crested Butte South’s growing commercial district. Theground floor is currently home to a liquor store, offering excellent visibility and steady neighborhood traffic. Upstairs, a well-cared for 2-bedroom apartment adds versatility. The layout offers comfortable living, with enough space to settle in whetheryou choose to live here full-time, provide employee housing, or create rental income. Its central location puts you steps fromcommunity events and restaurants, while also serving as a perfect basecamp for all-season adventure. The sense ofcommunity here is strong, with neighbors gathering for events, kids biking through the neighborhood, and an atmospherethat’s both laid-back and full of energy. This opportunity is more than just a building—it’s a chance to plant roots, contributeto a thriving mountain community, and enjoy the unmatched lifestyle that Crested Butte is known for.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$7,156
|
$2.73
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,156
|
$2.73
|
Financial Summary (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $7,156 |
| Annual Per SF | $2.73 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $7,156 |
| Annual Per SF | $2.73 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Building Size
2,621 SF
Year Built
1998
Price
$1,600,000
Price Per SF
$610.45
Percent Leased
100%
Building Height
3 Stories
Building FAR
0.19
Lot Size
0.32 AC
Zoning
Special Area
Frontage
100’ on Gillaspey Avenue
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R030805 | Total Assessment | $128,610 (2025) |
| Land Assessment | $46,450 (2025) | Annual Taxes | $7,156 ($2.73/SF) |
| Improvements Assessment | $82,160 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
R030805
Land Assessment
$46,450 (2025)
Improvements Assessment
$82,160 (2025)
Total Assessment
$128,610 (2025)
Annual Taxes
$7,156 ($2.73/SF)
Tax Year
2024
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81 Gillaspey Ave
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