$700,000
( )
 $3,758 est/mo Sourced by Back At You

120 N Railroad Avenue,Parachute, CO 81635

Parachute, CO 81635

Share:

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 #20252430
Listing TypeFor Sale
StyleBuilding
Sub-TypeResale
StatusActive
Days On Site467
Listing Provided ByBRAY REAL ESTATE | YOUR 3A TEAM MERRITE WYATT & KAYLA HOWELL

Features

ZoningCommercial

Exterior

Lot FeaturesCorner Lot

Taxes

Tax Annual Amount5045.48

Area Information

StateCO
CountyGarfield
CityParachute
Zip Code81635
AreaParachute
Sourced by Back At You

Request a showing

Request a showing

Contact


Additional Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Distinctive Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.

MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Grand Junction Area REALTOR Association MLS.

Contact

Learn More About This Property

StateCO
CountyGarfield
CityParachute
Zip Code81635
AreaParachute
Sourced by Back At You
Listing Updated: July 9, 2026 at 5:31:39 PM PDT
Real Estate Links Our Domains