115 & 101 E Cardinal Way, Parachute, CO 81635 (MLS# 194937)

115 & 101 E Cardinal Way, Parachute, CO 81635

New Listing

$2,900,000

Property Type: Commercial Land Lot Size (sq. ft.): 650,000 Status: Active

Current Price: $2,900,000 List Date: 10/19/2026 Last Modified: 10/19/2026

Overview

Description

Very attractive and ready for development commercial land for sale. Perfect for a Hotel site or hospitality property. River frontage with bike path and or hiking paths ready for development. The land is in two separate tracts already. Great street improvements already installed with gutters and curbs. Property is 3.1 acres and 11.7 acres with total useable acreage at approx. 10 acres. Property comes with 57 water tap approvals accepted and provided by the town of Parachute. Making this property an excellent candidate for multi family. Owner carry is available depending on terms.

Listing Details MLS# 194937

Location Info

Type: Commercial Land
Major Area: Parachute
Area: 13-Parachute Proper
Original List Price: 2900000
Asking Price: 2900000
Street #: 115 & 101
Street Direction Pfx: E
Street Name: Cardinal
Street Suffix: Way
City/Town: Parachute
State/Province: CO
Postal Code: 81635

Keywords Info

Acreage: 10.1 - 20

Listing Info

Short Sale: No
REO: No
Auction: No
Seller/Owner is Licensed: Yes
In Foreclosure: No
Member Association: Glenwood Association

General Info

List Price Per/Acre: 198087
Sub/Loc: None
Legal: QUARTER: NW SECTION: 7 TOWNSHIP: 7 RANGE: 95 SUBDIVISION: T AND T ASSOCIATES MINOR SUBDIVISION LOT: 2 AS PER AMENDED PLAT RECEPTION NO. 943607 3.095 ACRES Legal description QUARTER: NW SECTION: 7 TOWNSHIP: 7 RANGE: 95 SUBDIVISION: T AND T ASSOCIATES MINOR SUBDIVISION LOT: 3 AS PER AMENDED PLAT RECEPTION NO. 943607 11.536 ACRES
Lot SqFt: 650000
Nbr of Acres: 14.64
County: Garfield
Zoning: Commercial
Orig List Price Per/SF: 4.46
Asking Price Per/SF: 4.46
Parcel #: 000000000
Directions: Parachute exit, right on thoroughfare property on the left. Across from LOVES and McDonalds.

Financing Info

Metro Tax District: No
Taxes: 23936
Tax Year: 2025
Transfer Tax: No
HOA Dues Y/N: No

More Information

Remarks

Public Remarks: Very attractive and ready for development commercial land for sale. Perfect for a Hotel site or hospitality property. River frontage with bike path and or hiking paths ready for development. The land is in two separate tracts already. Great street improvements already installed with gutters and curbs. Property is 3.1 acres and 11.7 acres with total useable acreage at approx. 10 acres. Property comes with 57 water tap approvals accepted and provided by the town of Parachute. Making this property an excellent candidate for multi family. Owner carry is available depending on terms.

Property Features

Allowable Uses: Hospitality; Hotel/Lodge; Industrial - Light; Mixed Use; Multi-Family Res; Office; Restaurant/Bar; Retail; Warehouse Access: Paved Electric: Electric at Property Gas: Nat Gas at Property Water Rights: None Sanitation: Tap Fee Unpaid Crops: No Possible Use: Multi-Family; Subdivision Lot Description: Flat; Green Belt; River Frontage; View Lot Improvements: Curbs; FireHydrnt W/I 500Ft; Gutters; Street Paved Terms Offered: Cash; Owner Finance Sign: Yes Possession: DOD

Listing Office: United Country Real Colorado Properties

Last Updated: October - 19 - 2026

Broker Attribution: (970) 256-9700

Copyright 2020 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.