$775,000
120 RAILROAD
Parachute
120 N RAILROAD Avenue, Parachute, CO 81635
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.
Listing Courtesy of
Merrite Wyatt
Bray Real Estate - (970) 242-3647
DETAILS
- StatusActive
- Year Built1982
- Total Square Feet9984
- Acres0.29
- Lot Size12632.4
- Property ConditionGood
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