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120 N Railroad Avenue

Parachute, CO 81635
  • $775,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 188389
UPDATED: 66 min ago
$775,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1982
County:
Area:

School Ratings & Info

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.

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© 2025 Aspen/Glenwood MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Roaring Fork Valley Homes | Compass.

Data last updated: 2025-07-17T09:38:49.437.
www.roaringforkvalleyhomes.com/homes/164256005
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120 N Railroad Avenue Parachute, CO 81635

  • Price: $775,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 66 min ago
  • MLS #: 188389
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1982
Built
Neighborhood:
Parachute Park Pud
County:
Garfield
Area:
Parachute
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.
Exterior Features

Construction Materials Frame Foundation Details Slab Lot Features Corner Lot Parking Features [] Roof Metal Waterfront Features []

Interior Features

Basement [] Interior Features []

Property Features

Building Features Yes Buyer Financing [] Disclosures [] Listing Terms [] Net Operating Income 47479 Owner Pays [] Possession DOD Property Condition Good Property Sub Type Business Security Features [] Sewer [] Special Listing Conditions [] Tax Annual Amount 5045.48 Tax Year 2024 Tenant Pays [] Utilities Natural Gas Available Water Source Public Zoning Commercial

Listing provided courtesy of Bray Real Estate: 970-242-3647. Listing information © 2025 Aspen/Glenwood MLS. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
© 2025 Aspen/Glenwood MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Roaring Fork Valley Homes | Compass.

Data last updated: 2025-07-17T09:38:49.437.
 
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