Rare mixed use property opportunity near Downtown Evergreen! Very flexible! It’s 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.
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