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120 N Railroad Avenue

Parachute, CO 81635
  • $775,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 20252430
$775,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Parachute
Type:
Commercial
County:
Garfield
Area:
Parachute

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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 Grand Junction 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 The Kimbrough Team | RE/MAX 4000. 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 The Kimbrough Team | RE/MAX 4000. Data last updated 2025-06-18T00:15:21.747 UTC.

www.thekimbroughteam.com/homes/164251289
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120 N Railroad Avenue Parachute, CO 81635

  • Price: $775,000
  • Status: Active
  • On Site: 21 Days
  • MLS #: 20252430
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Parachute
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

Lot Features Corner Lot Lot Size Dimensions 105 X 135

Property Features

Possible Use Other See Remarks Property Sub Type Building Tax Annual Amount 5045.48 Zoning Description Commercial

Listing courtesy of Your 3A Team Merrite Wyatt & Kayla Howell of BRAY REAL ESTATE: 970-242-3647.
© 2025 Grand Junction 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 The Kimbrough Team | RE/MAX 4000. 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 The Kimbrough Team | RE/MAX 4000. Data last updated 2025-06-18T00:15:21.747 UTC.

 
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The Kimbrough Team | RE/MAX 4000
120 West Park Drive, Suite 200
Grand Junction CO, 81505