For Sale

Income Today | Land Optionality | Historic Downtown Evergreen

27845 CO HWY 74,
Evergreen, CO 80439

Asset Snapshot

Full Service
Retail Subtype
1949
Year Built
30
Parking Spots
0.69 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

This rare assemblage offers a unique opportunity to acquire fully leased retail frontage along State Highway 74. The highway-front retail buildings are 100% leased, providing immediate in-place cash flow and offer long-term optionality in a market defined by limited commercial land supply and high barriers to entry. In Downtown Evergreen, where commercial inventory is tightly held and new development sites are scarce, opportunities to acquire assembled acreage with income in place are exceptionally limited.


Investment Highlights

  • 2 Parcels totaling .65 Acres currently utilized as Mixed Use/Retail and paid parking: 3 Buildings totaling 7,162 SF, 100% leased
  • Constrained Mountain Retail Market: Limited commercial inventory and high barriers to new supply support long-term positioning
  • 100% Leased Retail Frontage: Immediate in-place cash flow with limited landlord expenses
  • .12-Acre Parcel- Currently Utilized for Surface Parking: In Downtown Evergreen, parking supply is constrained and monetized — ownership of surface parking presents additional revenue or tenant retention leverage
  • Control of Highway 74 Frontage: Excellent visibility and steady commuter + tourism traffic
  • Limited Future Supply: Topography, zoning, and community planning significantly restrict new commercial inventory
  • Seller Financing Available for Qualified Buyers
  • Potential Value Creation Pathways: Bring retail rents up to market levels, formalize and enhance surface parking, sell, hold, or develop additional land parcels.

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Listing Syndicated From

Buildout
For Sale
$1,650,000
Asking Price