Commercial Sale · Active
Eagle, CO 81631
0 Baths · 12,284 Sq Ft
$5,390,000
Mixed Use
Property Type
0.62 acres
Lot Size
1927
Year Built
$439
Price per Sq Ft
8
Parking Spaces
1014476
MLS #
About This Property
BROADWAY CORNER | 127 W 2nd St, 129 Broadway & 139 Broadway | Eagle, CO
Rare assemblage of three contiguous parcels -- 26,901 SF / 0.618 acres -- anchoring the premier corner in Downtown Eagle at the intersection of Broadway Street and Grand Avenue (U.S. Highway 6). Zoned Broadway District (BD) per Town of Eagle, this site permits 4-story mixed-use development by right, with ground-floor commercial required on Broadway and high-density residential above. No rezoning required.
The property is currently improved with six commercial tenants -- Second Street Tavern (NNN), The Collective on Second, Lilith Moon, Nurture Spa, The Art Space, Edward Jones-- plus six residential units in three apartment configurations: a 2BR/1BA house and five 1BR/1BA apartments. The stabilized cap rate is projected at 5.15% at the $5,390,000 asking price, achieved through lease-up only -- no construction required. Detailed financials available to qualified buyers.
The Town of Eagle has identified increased downtown density as a strategic priority, and significant public investment is planned for the Grand Avenue / Highway 6 corridor, including pedestrian enhancements and placemaking infrastructure. Adjacent landmarks include Eagle Town Hall and Broadway Station (the first new mixed-use development in downtown Eagle in over a decade). Eagle County Regional Airport (EGE) is 10 minutes away.
This is a once-in-a-generation opportunity to control an entire downtown city block at the intersection of Eagle's historic core and its most active future growth corridor. Seller may consider owner financing at a favorable rate for qualified purchasers. Financials and rent roll available upon execution of NDA.
120 days on market
Listed by Rick Beveridge & Matthew Dietz · Beveridge Real Estate · 970-328-7444
Property Details
| Property Type | Commercial Sale |
| Sub Type | Mixed Use |
| Status | Active |
| Price per Sq Ft | $439 |
| Subdivision | Eagle |
| MLS # | 1014476 |
| Days on Market | 120 |
| Year Built | 1927 |
| Lot Size (Sq Ft) | 27,007 |
| Acres | 0.62 |
| HOA | No |
| Annual Taxes | $20,869 |
| Tax Year | 2025 |
| State | CO |
| County | Eagle |
| Zoning | Broadway District |
| Heating | See Remarks |
| Garage | No |
| Total Parking | 8 |
| Parking Features | See Remarks |
| Roof | See Remarks |
| Construction | See Remarks |
| Water Source | Public |
| Listing Terms | 1031 Exchange, Cash, New Loan, See Remarks |
| Special Conditions | None |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 6/23/2026 |
Listed for sale Source: Vail Multi List Service (VMLS) #1014476 |
$5,390,000 $439/sqft |
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