120 N RAILROAD Avenue

Parachute, CO 81635
Active

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.

Property Details

Essential

  • StatusActive
  • Days On Site373
  • Days To Sale2025-05-27T00:00:00.000Z
  • MLS#188389
  • Property TypeCommercial Sale
  • Property Sub TypeBusiness
  • Number of Stories2.0
  • Lot Size0.29 Acres
  • Tax Amount$5,045
  • Tax Year2024
  • Data SourceAspen Glenwood MLS
  • Latest Update03/13/2026