1204 Bergen Pkwy Evergreen, CO 80439
This exceptional investment opportunity in Evergreen, Colorado, consists of two adjacent commercial properties totaling approximately 15,700 to 23,000 square feet on 2.81 to 4.12 acres of land. The assemblage includes a thriving entertainment center featuring bowling, arcade games, a restaurant, and a bar, occupying approximately 23,000 square feet. This facility boasts a state-of-the-art scoring system, HD TVs, projection screens, and a live music stage. The second property is a two-story office/retail building constructed in 1973, currently housing 17 tenants, including notable businesses such as Habitat for Humanity, Foothills Family Wellness, Rolling Ridge Deck Company, and Comfort Dental. This building also includes a lumberyard and covered RV/boat storage, offering unique income streams. The properties are situated on busy Bergen Parkway, less than two miles from I-70 and across from a King Soopers grocery store, ensuring high visibility and accessibility. The combined properties generate a Net Operating Income (NOI) of $510,842, resulting in a 5.38% capitalization rate. The asking price for this unique and appealing investment is $9,500,000. Property taxes for 1204 Bergen Pkwy are $60,263.98 and $49,875.40 for 1232 Bergen Pkwy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.