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Listed by FreeByrd Real Estate
$ 590,000
Est. payment /mo
New
248 E 1st Street Parachute, CO 81635
2,412 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,412 sqft
Price per Sqft $244
MLS Listing ID 193864
Year Built 1908
Annual Tax Amount $2,529
Tax Year 2025
Lot Size 9,375 Sqft
Acres 0.12
Property Sub-Type Commercial
Source Aspen Glenwood MLS
Property Description
True Small Town Living:
Exceptional investment opportunity featuring a centrally located mixed-use property with commercial space on the ground level and 2 bedroom, 1 bath residential apartment above. The lower level offers excellent visibility and accessibility, making it ideal for retail, office, or service-based businesses. Upstairs apartment provides comfortable living accommodations, creating the perfect live-work setup or an additional source of rental income. Abundance of parking and storage.
Don't miss the opportunity to get in now before the projected growth of Parachute on the brink of a transformative journey. First Street serves as the central thoroughfare of Parachute, running through the downtown area and hosting local businesses, shops, and community events It is the focus of a significant downtown revitalization project aimed at enhancing pedestrian access, adding bike lanes, creating park and plaza spaces, and improving the overall aesthetic and functionality of the town center
(source: parachute.gov)
.
Exceptional investment opportunity featuring a centrally located mixed-use property with commercial space on the ground level and 2 bedroom, 1 bath residential apartment above. The lower level offers excellent visibility and accessibility, making it ideal for retail, office, or service-based businesses. Upstairs apartment provides comfortable living accommodations, creating the perfect live-work setup or an additional source of rental income. Abundance of parking and storage.
Don't miss the opportunity to get in now before the projected growth of Parachute on the brink of a transformative journey. First Street serves as the central thoroughfare of Parachute, running through the downtown area and hosting local businesses, shops, and community events It is the focus of a significant downtown revitalization project aimed at enhancing pedestrian access, adding bike lanes, creating park and plaza spaces, and improving the overall aesthetic and functionality of the town center
(source: parachute.gov)
.
Location
State CO
County Garfield
Area Parachute
Zoning Special Purpose
Direction Parachute exit left on to 1st Avenue (US 6) - follow to listing on the right. Corner of US 6 and N. Railroad Avenue
Exterior
Roof Type Composition
Building
Lot Description Corner Lot
Foundation Slab
Water Public
Others
Tax ID 240912113007
Acceptable Financing Other, Cash
Listing Terms Other, Cash
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