Commercial Sale · Active

315 E 1st Street A & B

Parachute, CO 81635

0 Baths · 3,619 Sq Ft

$799,000

Business

Property Type

0.63 acres

Lot Size

1955

Year Built

$221

Price per Sq Ft

191862

MLS #

About This Property

Positioned at the gateway to Colorado's Western Slope, this property offers a blend of small-town accessibility, outdoor recreation proximity, and downtown momentum few locations can match. All the heavy lifting with the Town has already been completed--making this a ready-to-operate, low-friction acquisition for owner-users or investors seeking a stable asset in a federally supported revitalization zone. (see Documents)

High-visibility retail building in Parachute's Old Town Center district with ±0.62 acres and frontage to I-70 (22k VPD). Original 1955 build with 1997 expansion; $400K+ in remodels (2015-2025). West wing & former restaurant both updated to modern codes--new restrooms, plumbing, encapsulation, landscaping, and approvals completed. Zoned OTC for retail/restaurant use near NAPA, Dollar Store & McDonald's. Ample parking, possible expansion, 45 min to Grand Junction. Positioned within federally funded downtown revitalization zone.

251 days on market

Listed by Dylan Lewis · Mountain Mind Real Estate · 970-331-2332

Last updated: 9/9/2026 12:13 PM · Source: Aspen Glenwood MLS, MLS#: 191862

Property Details

Key Details

Property Type Commercial Sale
Sub Type Business
Status Active
Price per Sq Ft $221
Subdivision Townsite of Parachute
MLS # 191862
Days on Market 251

More Details

Year Built 1955
Lot Size (Sq Ft) 27,303
Acres 0.63
Annual Taxes $12,509
Tax Year 2025
State CO
County Garfield
Zoning Commercial

Exterior & Parking

Roof Metal

Building & Lot

Lot Features Corner Lot
Construction Frame
Water Source Public

Terms & Other

Listing Terms Cash

Location

Price History

DateEventPrice
9/9/2026 Price change
Source: Aspen Glenwood MLS #191862
$799,000 -3.2% $221/sqft
3/2/2026 Listed for sale
Source: Aspen Glenwood MLS #191862
$825,000 +17.0% $228/sqft
5/14/2025 Sold
Source: Aspen Glenwood MLS #182762
$705,000 -14.5% $195/sqft
5/14/2025 Price change
Source: Aspen Glenwood MLS #182762
$825,000 -25.0% $228/sqft
3/4/2024 Listed for sale
Source: Aspen Glenwood MLS #182762
$1,100,000 $304/sqft

Copyright 2026 Aspen Glenwood MLS. 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. This information is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated September 9, 2026 at 12:13 PM.

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