201 E 1st Street, Parachute, CO 81635

$465,000
Property Type: Commercial Sale Square Footage: 5,000 Lot Size (sq. ft.): 18,750 Status: Closed
Current Price: $465,000 List Date: 8/21/2025 Last Modified: 4/14/2026

Overview

Description

Potential in Parachute! Take advantage of this 5,000 square foot warehouse situated in an up-and-coming area of Parachute, Colorado with redevelopment on the horizon. With excellent accessibility and parking, this property offers flexible space ideal for storage, light industrial, or business operations. The location is poised for growth, making it a smart investment opportunity or a perfect base for your business expansion. Whether you're looking for a functional warehouse or a property with future potential, this space checks all the boxes.

Listing Details MLS# 189836

Location Info

Inside City Limits
Yes
Condominiumized
No
Zoning City
Parachute
Zoning County
Garfield
Type
Commercial
Major Area
Parachute
Area
13-Parachute Proper
Asking Price
495000
Original List Price
595000
Street #
201
Street Direction Pfx
E
Street Name
1st
Street Suffix
Street
City/Town
Parachute
State/Province
CO
Postal Code
81635

Keywords Info

Total Building SqFt
1.001 - 5,000
Association Dues
No

Listing Info

Occupant Type
Owner
SqFt Level
Ground Floor
Seller/Owner is Licensed
No
REO
No
Member Association
Glenwood Association

General Info

Sub/Loc
Townsite of Parachute
County
Garfield
Legal
12 Township: 7 Range: 96 Subdivision: ORIGINAL TWNSTE PARACHUTE Block: 5 Lot: 19 THRU:- Lot: 24 18750 SQUARE FEET , STATE EXEMPT 23-01115-05
Zoning
Commercial
Lot SqFt
18750
Nbr of Acres
0.43
Stories
Yes
Total SqFt
5000
Unit SqFt
5000
Parcel #
240912115009
Year Built
1994
Directions
From I-70 take the Parachute/Battlement Mesa exit, head south and turn left on E 1st Street, the property is on your left on the corner of E. 1st Street and Fisher Ave.

Financing Info

Metro Tax District
No
Tax Year
2024
Transfer Tax
No
Taxes
0
HOA Dues
0
Total HOA Fee Per Year
0

Status Change Info

Under Contract Date
2026-02-16
Proposed Close Date
2026-04-10
Sold Date
2026-04-10
Sold Price Per/SF
93
How Sold
Conventional

More Information

Remarks

Public Remarks
Potential in Parachute! Take advantage of this 5,000 square foot warehouse situated in an up-and-coming area of Parachute, Colorado with redevelopment on the horizon. With excellent accessibility and parking, this property offers flexible space ideal for storage, light industrial, or business operations. The location is poised for growth, making it a smart investment opportunity or a perfect base for your business expansion. Whether you're looking for a functional warehouse or a property with future potential, this space checks all the boxes.

Units

Units
Yes

Extras

Number of Doors
Yes
Overhead Door(s)
Yes
Restrooms
Yes
ADA Compliant
Yes

Terms Offered

Other
New Loan
Cash
Yes

Allowable Uses

Mixed Use
Yes
Office
Yes
Restaurant/Bar
Yes
Retail
Yes
Warehouse
Yes
Other
Yes

Current Use

Warehouse
Yes

Construction

Steel Frame
Yes

Access

Paved
Yes

Electric

Yes
Yes

Condition

Good
Yes

Basement/Substructure

Slab
Yes

Gas

Natural Gas
Yes

Roof

Metal
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Water Rights

No
Yes

Heating/Cooling

Other
Yes

Location Amenities

High Traffic Loc
Yes
High Visibility
Yes

Mineral Rights

No
Yes

Parking

6 - 10 Spaces
Yes

Occupant

Owner Occupied
Yes
Vacant
Yes

Possession

DOD
Yes

Sign

Yes
Yes

Property Features

Allowable Uses: Mixed Use; Office; Restaurant/Bar; Retail; Warehouse; Other Current Use: Warehouse Construction: Steel Frame Roof: Metal Condition: Good Electric: Yes Gas: Natural Gas Water: Public Sanitation: Sewer Parking: 6 - 10 Spaces Access: Paved Extras: ADA Compliant; Restrooms; Overhead Door(s) Location Amenities: High Traffic Loc; High Visibility Occupant: Owner Occupied; Vacant Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: Yes Possession: DOD
IDX
Listing Office: The Property Shop
Source MLS Verified
Last Updated: April - 14 - 2026
Broker Attribution: (970) 947-9300

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