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
