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1/34

Crested Butte, CO 81224
Asking Price
$2.30M
Asset Type
Retail
Class
Class B

What's Special

Located at 1/34 in Crested Butte, this retail space is positioned within the town’s established commercial core. The surrounding neighborhood is characterized by a mix of historic architecture and modern storefronts, reflecting the area's transition from a mining town to a year-round destination. Nearby amenities include various local eateries, professional services, and lodging facilities. The property is accessible via the local road network and served by the regional shuttle system, which connects the downtown district to the surrounding residential communities and the nearby ski resort area. The property is suited for retail operations such as boutique apparel, specialty outdoor gear, or artisanal galleries. Given the pedestrian traffic and regional tourism, the location supports businesses focused on consumer goods or curated services. Typical tenants include local entrepreneurs seeking a central presence or established regional brands looking to capture the seasonal visitor market alongside permanent residents. The interior layout offers flexibility for showroom displays, inventory storage, and customer engagement areas common to high-visibility street-level retail assets.

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NOI
$80,000
Cap Rate
3.48%
DSCR
0.59
Underwater
Cash-on-Cash
-8.20%
Monthly Payment
$11,379.145
Annual Cash Flow
$-56,549.741

Location & Travel Times