Jamie Moats - Coldwell Banker Distinctive Properties
27902 Meadow Drive
Evergreen, CO 80439

$1,195,000

Description

Rare mixed use property opportunity near Downtown Evergreen! Very flexible! Its immediately ready for commercial leasing with only one long-term lease in place and a historical cap rate just over 8. This property is approved for mixed use residential and commercial development. Huge upside in developing interior residential units. With no affordable residential inventory & tremendous demand in the Evergreen area, this will be very attractive to tenants. As a bonus the local businesses are interested in renting units to hold for current and future employees. The property is the perfect location for either commercial or residential tenants. Close & super convenient to downtown Evergreen and all it has to offer, as well as Evergreen lake! Only a few scenic minutes to I-70 too! The seller is flexible & willing to sell the adjacent building 27972 Meadow Drive if desired. Current leasing and sale price info for that building is available upon request.

Details

MLS#6751928
StyleIndustrial
Sub-TypeResale
StatusUnder Contract
Year1973
Days On Site272

Features

SQ Feet11,184
Story(s)1
ZoningP-D

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Area Information

StateCO
CountyJefferson
CityEvergreen
Zip Code80439
AreaJefferson
Listing VS Median (in 80439)
Price:
$1,195,000
low | high
Med:
$595,000
100% of Average
SqFt:
11,184
low | high
Med:
0
100% of Average
$ / SqFt:
$107
low | high
Med:
$0
100% of Average
On Site:
272
low | high
Med:
272
100% of Average
Listing Updated: 08/18/2018
MLS Number: 6751928
Listing Provided By:
The Sam Wilson Group  of  Wilson Group Real Estate
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