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, Parachute, CO 81635
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Jonathan Boxer

Jonathan Boxer

+1(970) 948-4802
Listed by Bray Real Estate
$ 700,000
Est. payment | /mo

9,984 SqFt

Save
$ 700,000
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 $70

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

Roof Type Metal

Building

Lot Description Corner Lot

Foundation Slab

Water Public

Others

Tax ID 240912107014

Aspen Glenwood Springs MLS (AGSMLS)

NEARBY SCHOOLS & PROPERTIES

Jonathan Boxer

+1(970) 948-4802

jonathan.boxer@monthaus.com

600 East Hopkins Ave Suite 304, Aspen, Colorado 81611, United States

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120 N RAILROAD Avenue