315 E 1st Street Unit #A & B, Parachute, CO 81635

$825,000

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List Price
$825,000
Status
ACTIVE
MLS#
191862
Year Built
1955
Acres
0.63
Region
Parachute
Subdivision
Townsite of Parachute
Neighborhood
13-Parachute Proper

Property Description

Positioned at the gateway to Colorado's Western Slope, this property offers a blend of small-town accessibility, outdoor recreation proximity, and downtown momentum few locations can match. All the heavy lifting with the Town has already been completed--making this a ready-to-operate, low-friction acquisition for owner-users or investors seeking a stable asset in a federally supported revitalization zone. (see Documents) High-visibility retail building in Parachute's Old Town Center district with ±0.62 acres and frontage to I-70 (22k VPD). Original 1955 build with 1997 expansion; $400K+ in remodels (2015-2025). West wing & former restaurant both updated to modern codes--new restrooms, plumbing, encapsulation, landscaping, and approvals completed. Zoned OTC for retail/restaurant use near NAPA, Dollar Store & McDonald's. Ample parking, possible expansion, 45 min to Grand Junction. Positioned within federally funded downtown revitalization zone.

Additional Information

Taxes
$12,509
Tax Year
2025
Water
Public

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Listing courtesy of Listing Agent: Dylan Lewis 970-331-2332 from Listing Office: Mountain Mind Real Estate.

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