CO > Parachute > Parachute Park Pud
Parachute, CO 81635,120 N RAILROAD Avenue
Parachute, CO 81635,120 N RAILROAD Avenue
Parachute, CO 81635,120 N RAILROAD Avenue
Parachute, CO 81635,120 N RAILROAD Avenue
Parachute, CO 81635,120 N RAILROAD Avenue
Parachute, CO 81635,120 N RAILROAD Avenue
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Luisa McFadden

Luisa McFadden

+1(970) 625-4441
Listed by Bray Real Estate
$ 775,000
Est. payment | /mo

9,984 SqFt

Save
$ 775,000
Est. payment | /mo
Save

9,984 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 9,984 sqft

Price per Sqft $77

Subdivision Parachute Park Pud

MLS Listing ID 188389

Year Built 1982

Annual Tax Amount $5,045

Tax Year 2024

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Business

Source Aspen Glenwood MLS

Property 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.

Location

State CO

County Garfield

Community Parachute Park Pud

Area Parachute

Zoning Commercial

Direction Take exit 75 from I-70, take E First St, southwest to N Railroad Ave, turn NE on N Railroad Ave and property is on the corner of N Railroad Ave & E Second St.

Exterior

Utilities Available Natural Gas Available

Roof Type Metal

Building

Lot Description Corner Lot

Foundation Slab

Water Public

Others

Tax ID 240912107014

Aspen Glenwood Springs MLS (AGSMLS)
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 625-4441

frontdesk@cherylchandler.com

120 W 5th St, Rifle, Colorado, 81650, United States

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120 N RAILROAD Avenue