Evergreen Parkway Commercial Buildings For
3022 Evergreen Pkwy, Evergreen, CO 80439
Two buildings on Evergreen Parkway with income and redevelopment potential.
Type:Industrial, Mixed Use, Retail
Property size:
6,875 SFLot size:
1.00 AcrePrice / SF:
$290/SF- Added:
- Mar 6, 2026
- Days on Market:
- 122
- Last Refresh:
- Jun 28 at 9:19 am
Property Features for 3022 Evergreen Pkwy
General Information
- Standard status
- Active
- Size
- 6,875 SF
- Lot size
- 1.00 Acre
- Property subtype
- Industrial, Mixed Use, Retail
Listing office Colorado Commercial Advisors
Listing date Mar 6, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Colorado Commercial Advisors
HighLights
- Two freestanding commercial buildings totaling approximately 6,875 SF on nearly 1 acre with direct exposure to Evergreen Parkway (Highway 74).
- Located on Evergreen's primary commercial corridor with high traffic counts (exceeding 23,000 vehicles per day), offering exceptional visibility and accessibility.
- C‑1 zoning provides flexibility for a wide range of service, automotive, contractor, and retail uses.
- Multiple occupancy scenarios: owner/user, dual investment, hybrid strategy, or redevelopment play.
- Currently generates approximately $9,800 per month in gross rental income ($117,600 annually).
- Rare opportunity to acquire service‑oriented commercial real estate with highway frontage in Evergreen.
Overview
Located along Evergreen’s primary commercial corridor, the property at 3022 Evergreen Parkway features two freestanding commercial buildings totaling approximately 6,875 square feet on nearly 1 acre combined. The site has direct exposure to Evergreen Parkway (Highway 74) with traffic counts exceeding 23,000 vehicles per day. The property offers visibility and accessibility in one of Evergreen’s active commercial corridors. The offering includes two adjacent parcels with C-1 zoning, providing flexibility for a range of service, automotive, contractor, and retail uses. The properties have historically supported auto repair and towing operations and feature functional layouts suited for shop, service, and light industrial users. The property generates approximately $9,800 per month in gross rental income ($117,600 annually). Evergreen Parkway serves as the primary commercial spine of Evergreen, connecting local residents, visitors, and commuters traveling between Evergreen, Bergen Park, and Interstate 70. The area benefits from local demographics and consistent year-round traffic. Ideal uses include auto repair or mechanical shop, towing company operations, automotive specialty services (tire, brake, detailing), contractor headquarters (HVAC, plumbing, electrical, landscaping), equipment service or fabrication, retail/service hybrid concepts, and small business flex or maker space.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $165.8k | $24.12 |
| − Vacancy | −$9.0k | −$1.30 |
| EGI | $156.9k | $22.82 |
| − OpEx | −$47.1k | −$6.85 |
| NOI | $109.8k | $15.97 |
6,875 SF · lease $24.12/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.57M
$1.37M – $1.83M
NOI $109,809 @ 7.0% cap · market cap 5.50%
Second Best
Flex RnD
$824.6K
$721.5K – $962.0K
NOI $57,722 @ 7.0% cap · market cap 2.89%
Theoretical Best
Multifamily LT 5
$15.30M
$13.39M – $17.85M
NOI $1,070,955 @ 7.0% cap · market cap 53.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar Places Nearby
- O K Auto Repair Inc. — 30466 Bryant Dr, Evergreen, CO 80439
- Goodyear Auto Service — 30405 Bryant Dr, Evergreen, CO 80439
- Olde's Garage — 3639 Evergreen Pkwy, Evergreen, CO 80439
- L & H Auto Body — 30536 Bryant Dr, Evergreen, CO 80439
- Japanese auto repair specialist — 30746 bryant dr #310, evergreen, co 80439
Location Insight
- Map
- Local Demand
- City
- Evergreen
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.423
- Latitude
- 39.6455
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - Two buildings on Evergreen Parkway with income and redevelopment potential.
Where is this auto shop located?
The property is located at 3022 Evergreen Pkwy Evergreen, CO.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Two freestanding commercial buildings totaling approximately 6,875 SF on nearly 1 acre with direct exposure to Evergreen Parkway (Highway 74).; Located on Evergreen's primary commercial corridor with high traffic counts (exceeding 23,000 vehicles per day), offering exceptional visibility and accessibility.; C‑1 zoning provides flexibility for a wide range of service, automotive, contractor, and retail uses.
