$700,000
( $70.11Per Sq Foot )
$3,758 est/mo Sourced by Back At You120 N Railroad Avenue,Parachute, CO 81635
Parachute, CO 81635
Description
Downtown Parachute investment property - 6 % + cap rate. Two-story commercial building in the heart of downtown Parachute, fully leased with solid rental income. The main floor is divided between two tenants, one occupying two-thirds of the space and the other utilizing the remaining third, which includes a private bathroom and sink area, The second floor features multiple office suites of varying sizes, shared restrooms, a kitchenette, and a large conference room. This property offers stable tenants and a strong return.
Details
| MLS # | 188389 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 1982 |
| Days On Site | 459 |
| Listing Provided By | Bray Real Estate | Merrite Wyatt |
Features
| SQ Feet | 9,984 |
|---|---|
| Story(s) | 2 |
| Zoning | Commercial |
| Acreage | 0.29 |
Taxes
| Property | 5045 |
|---|
Area Information
| State | CO |
|---|---|
| County | Garfield |
| City | Parachute |
| Zip Code | 81635 |
| Area | Parachute |
| Community Name | Parachute Park PUD |
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Learn More About This Property
| State | CO |
|---|---|
| County | Garfield |
| City | Parachute |
| Zip Code | 81635 |
| Area | Parachute |
| Community Name | Parachute Park PUD |
Listing Updated: May 21, 2026 at 3:51:29 PM PDT