258 S Railroad Avenue, Parachute, CO 81635

$699,000
Property Type: Commercial Sale Square Footage: 1,700 Lot Size (sq. ft.): 21,344 Status: Active
Current Price: $699,000 List Date: 12/19/2025 Last Modified: 4/27/2026

Overview

Description

Prime Downtown Parachute Commercial Opportunity Prime, prime, prime location in the heart of Parachute, CO. This fully updated and remodeled commercial property blends country farmhouse charm with industrial black metal finishes, creating a modern, high-impact space that stands out. Featuring striking garage doors and thoughtful upgrades throughout, the property offers both style and functionality. An active tenant occupies a portion of the building, providing immediate income, while additional vacant space is ready for you to move your business in today. Situated on an almost ¾-acre lot, the property boasts ample parking and excellent visibility, making it ideal for a wide range of uses. Whether you're an investor looking for income with upside or an owner-user wanting to establish a presence in a high-traffic location, this is a rare opportunity in the upcoming town of Parachute.

Listing Details MLS# 191139

Location Info

Inside City Limits
Yes
Condominiumized
No
Zoning City
Commercial Property
Zoning County
Commercial Property
Type
Commercial
Major Area
Parachute
Area
13-Parachute Proper
Asking Price
699000
Original List Price
725000
Street #
258
Street Direction Pfx
S
Street Name
Railroad
Street Suffix
Avenue
City/Town
Parachute
State/Province
CO
Postal Code
81635

Keywords Info

Association Dues
No

Listing Info

Occupant Type
Tenant
Seller/Owner is Licensed
No
REO
No
Member Association
Glenwood Association

General Info

Sub/Loc
None
County
Garfield
Legal
Section: 7 Township: 7 Range: 95 Subdivision: COLUMBINE COMMERCIAL SUB Block: 1 Lot: 8 21344 SQUARE FEET
Zoning
Commercial Property
Lot SqFt
21344
Nbr of Acres
0.74
Total SqFt
1700
Unit SqFt
1700
Parcel #
240707201008
Year Built
1987
Year Remodeled
2023
Directions
Exit Parachute; Continue South; Right on Cardinal Way; right on Columbine Court

Financing Info

Metro Tax District
No
Taxes
5022.6
Tax Year
2024
Transfer Tax
No
Total HOA Fee Per Year
0

Status Change Info

Sold Price Per/SF
0

More Information

Remarks

Public Remarks
Prime Downtown Parachute Commercial Opportunity Prime, prime, prime location in the heart of Parachute, CO. This fully updated and remodeled commercial property blends country farmhouse charm with industrial black metal finishes, creating a modern, high-impact space that stands out. Featuring striking garage doors and thoughtful upgrades throughout, the property offers both style and functionality. An active tenant occupies a portion of the building, providing immediate income, while additional vacant space is ready for you to move your business in today. Situated on an almost ¾-acre lot, the property boasts ample parking and excellent visibility, making it ideal for a wide range of uses. Whether you're an investor looking for income with upside or an owner-user wanting to establish a presence in a high-traffic location, this is a rare opportunity in the upcoming town of Parachute.

Current Use

Other
Retail
Restaurant
Yes

Units

Units
2

Extras

Number of Doors
8
Drive-Through Doors
Yes
Fire Alarm
Yes
High Speed Available
Yes
Kitchen Area
Yes
Overhead Door(s)
Yes
Restrooms
Yes
Security System
Yes
Smoke Detectors
Yes
Storage
Yes

Allowable Uses

Office
Yes
Retail
Yes
Other
Yes

Construction

Frame
Yes

Access

Paved
Yes

Condition

Excellent
Yes

Basement/Substructure

Slab
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Location Amenities

High Traffic Loc
Yes
High Visibility
Yes
Highway Access
Yes

Parking

11 - 20 Spaces
Yes
Parking Lot
Yes

Occupant

Owner Occupied
Yes
Tenant Occupied
Yes

Possession

DOD
Yes

Sign

Yes
Yes

Property Features

Allowable Uses: Office; Retail; Other Current Use: Restaurant Construction: Frame Condition: Excellent Water: Public Sanitation: Sewer Parking: 11 - 20 Spaces; Parking Lot Access: Paved Extras: Drive-Through Doors; Fire Alarm; High Speed Available; Kitchen Area; Restrooms; Security System; Smoke Detectors; Storage; Overhead Door(s) Location Amenities: High Traffic Loc; High Visibility; Highway Access Occupant: Owner Occupied; Tenant Occupied Sign: Yes Possession: DOD
IDX
Listing Office: Western Slope Real Estate
Source MLS Verified
Last Updated: April - 27 - 2026
Broker Attribution: (720) 648-9648

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.