For Sale
$9,500,000

1204 Bergen Pkwy Evergreen, CO 80439

High-yield retail investment, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
138
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.

Highlights

  • Price: $9,500,000
  • Building 1204: 23,000 SF
  • Building 1232: 15,700 SF
  • Lot 1232: 4.12 Acres
  • Lot 1204: 2.81 Acres
  • Building 1204 Taxes: $60,264

Property Details for 1204 Bergen Pkwy

Property type
Retail properties
Square Feet
15,700 SF
Lot Size (sq. ft)
122,404 SF

Location Insight

City
Evergreen
County
Jefferson
State
Colorado
Latitude
39.6925404
Longitude
-105.3547627

FAQs

What type of property is this?
Retail property - High-yield retail investment, prime location.
Where is the retail property located?
The property is located at 1204 Bergen Pkwy Evergreen, CO.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: Price: $9,500,000; Building 1204: 23,000 SF; Building 1232: 15,700 SF
How can I contact the broker?
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1204 Bergen Pkwy
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