27988 Knowles RdEvergreen, CO 80439

For Sale
$3,250,000

Prime Evergreen location, 8,194 sq ft retail space

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional Evergreen, Colorado retail property, located at 27988 Knowles Rd, offers a unique investment opportunity. The 8,194 square foot commercial space, built in 1919, sits on a 1.7-acre lot and is zoned MR-1. The property's prime location is just one block from downtown Evergreen, providing easy access to a vibrant community with numerous restaurants, bars, galleries, and recreational activities such as the Evergreen Lake, which hosts concerts, paddleboarding, ice skating, and New Year's fireworks. The property's proximity to popular establishments like the Wildflower and the Little Bear further enhances its appeal. This property presents a multitude of potential uses, given its zoning and location. The current configuration includes six contiguous properties, totaling eight dwelling units, offering immediate rental income potential. The property's charm and location make it ideal for various strategies, including fix-and-flip, fix-and-hold, or short-term rental management. The potential for redevelopment into single-family townhomes or condos also exists, subject to necessary approvals. The asking price is $3,250,000. Serious inquiries only. Please do not disturb tenants.

Highlights

  • 8,194 SF commercial building on a 1.7-acre lot in Evergreen, CO.
  • Located one block from downtown Evergreen, near Evergreen Lake and popular restaurants.
  • Zoned MR-1, offering multiple redevelopment possibilities including townhomes or condos (subject to approvals).
  • Currently configured as six contiguous properties with eight dwelling units, providing immediate rental income.
  • Asking price: $3,250,000.

Property Details for 27988 Knowles Rd

Property type
Other retail properties, Retail properties
Square Feet
8,194 SF
Year Built
1919
Lot Size (sq. ft)
74,052 SF

Location Insight

City
Evergreen
County
Jefferson
State
Colorado
Latitude
39.6339872
Longitude
-105.3181036
27988 Knowles Rd, Evergreen, Colorado

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27988 Knowles Rd
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