228 Elcho Ave - Service Station FOR SALE


Crested Butte, CO 81224
$1,750,000 USD
970-901-5264
228 Elcho Ave, Crested Butte, CO for Sale
$1,750,000 USD
Service Station - FOR SALE
1/37
null | Request Cap Rate

228 Elcho Ave
Crested Butte, CO 81224


HIGHLIGHTS

  • Loyal established clientele, limited competition, multiple revenue streams, 24/7 fuel sales

OVERVIEW

Exceptional Opportunity to Own a Thriving, Turn-Key Business with Multiple Revenue Streams Unit A encompasses the entire ground floor of 228 Elcho Avenue and is home to The Wooden Spoon—a successful restaurant, convenience store, and the only gas station between Crested Butte and Gunnison. The business and real estate are being offered together for $1.75M. Located in CB South, which boasts the highest density of year-round residents in the north valley, this is one of only two food establishments in the area. The property enjoys a steady flow of loyal, local customers and consistent daily traffic. The space features a spacious deck with an outdoor bar area, indoor bar and grill, off-street parking, and a fully stocked convenience store complete with beverage coolers. There are also two half bathrooms for guests. A brand-new flat-top grill has just been installed, and all trade fixtures are in good working condition. Additionally, an upgraded gas pump system is currently underway, which will allow for 24/7 credit card access for both gasoline and diesel sales—a valuable convenience for the community and travelers alike. This is a rare chance to step into a well-established, profitable business with solid income potential and room to grow.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$745 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Restaurant, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,755 SF

ZONING

-

APN/PARCEL ID

R026038

ASK ABOUT THIS PROPERTY

Trent BonaBluebird Real EstateMore Info
970-901-5264

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Trent BonaBluebird Real EstateMore Info
970-901-5264

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.