120 N RAILROAD Avenue, Parachute, CO 81635

$700,000

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List Price
$700,000
Status
ACTIVE
MLS#
188389
Price Change
▼ $75,000 1773450864
Year Built
1982
Acres
0.29
Region
Parachute
Subdivision
Parachute Park PUD
Neighborhood
13-Parachute Proper

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.

Additional Information

Taxes
$5,045
Tax Year
2024
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Merrite Wyatt 970-260-6947 from Listing Office: Bray Real Estate.

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