27988 Knowles Rd Evergreen, CO 80439
- Retail properties
- 8,194 SF
- 1.70 lot acres
Current Use by Public Records
- Retail properties
Property Details for 27988 Knowles Rd
- Year built
- 1919
- Lot size
- 1.70 lot acres
- Property size
- 8,194 SF
- Property type
- Retail properties
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Evergreen
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.318
- Latitude
- 39.634
