Highway 74 Retail & Land Assemblage DT Evergreen 100% Leased
Income Today | Land Optionality | Historic Downtown Evergreen
Marketing description
his offering presents a rare opportunity to acquire a five-parcel retail and land assemblage totaling approximately 1.72 acres along State Highway 74 in Evergreen, Colorado. The property includes fully leased retail improvements with direct highway frontage combined with vacant parcels offering future flexibility under a mix of C-1 and MR-1 zoning.
The existing retail buildings provide immediate in-place cash flow, while additional parcels create long-term optionality for residential positioning, commercial pad development, or strategic land hold. Certain parcels are currently utilized for surface parking, which may present future enhancement or monetization potential subject to applicable approvals.
Located within Evergreen’s primary commercial corridor, the property benefits from strong local and commuter traffic, excellent visibility, and limited competing commercial inventory. Downtown Evergreen assets remain tightly held due to geographic constraints and limited development opportunities.
This offering is well suited for investors seeking stable income today combined with long-term land control within a highly constrained mountain market.
Investment highlights
1.72-Acre Assembled Offering: Five contiguous parcels along Highway 74 in downtown Evergreen
2 Parcels totaling .65 Acres currently utilized for Retail and Parking: 3 Buildings totaling 7,162 SF
3 Vacant Parcels totaling 1.07 Acres
Constrained Mountain Retail Market: Limited commercial inventory and high barriers to new supply support long-term positioning
100% Leased Retail Frontage: Immediate in-place cash flow with limited landlord expenses
.77 and .30-Acre Rear Parcels with Standalone Value: C-1 and MR-1 zoning provides flexibility for future development or resale
.12-Acre Parcel- Currently Utilized for Surface Parking: In Downtown Evergreen, parking supply is constrained and monetized — ownership of surface parking presents additional revenue (subject to approvals) or tenant retention leverage
Control of Highway 74 Frontage: Excellent visibility and steady commuter + tourism traffic
Limited Future Supply: Topography, zoning, and community planning significantly restrict new commercial inventory Seller Financing Available for Qualified Buyers
Affluent Demographics and stong full-time residency
Potential Value Creation Pathways: Bring retail rents up to market levels, formalize and enhance surface parking, sell, hold, or develop additional land parcels.
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