315 E 1st Street A & B, Parachute, CO 81635
$825,000
Property Type:
Commercial Sale
Square Footage:
3,619
Lot Size (sq. ft.):
27,303
Status:
Active
Current Price:
$825,000
List Date:
3/02/2026
Last Modified:
3/02/2026
Overview
Description
Listing Details MLS# 191862
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
- 825000
- Original List Price
- 825000
- Street #
- 315
- Street Direction Pfx
- E
- Street Name
- 1st
- Street Suffix
- Street
- Address 2/Unit #
- A & B
- 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
- Vacant
- Seller/Owner is Licensed
- No
- REO
- No
- Member Association
- Glenwood Association
General Info
- Sub/Loc
- Townsite of Parachute
- County
- Garfield
- Legal
- See Documents
- Zoning
- Commercial
- Lot SqFt
- 27303
- Nbr of Acres
- 0.63
- Total SqFt
- 3619
- Unit SqFt
- 3619
- Parcel #
- 240912114004
- Year Built
- 1955
- Year Remodeled
- 2025
- Directions
- Exit I-70 Silt. Located north side of I-70 at the northeast corner of 1st Street (Highway 6) and Railroad Avenue.
Financing Info
- Metro Tax District
- No
- Taxes
- 12509
- Tax Year
- 2025
- Transfer Tax
- No
- Total HOA Fee Per Year
- 0
Status Change Info
- Sold Price Per/SF
- 0
More Information
Remarks
- Public Remarks
- 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.
Allowable Uses
- Mixed Use
- Yes
- Office
- Yes
- Restaurant/Bar
- Yes
- Retail
- Yes
Construction
- Frame
- Yes
Electric
- Electricity Connected
- Yes
Condition
- Good
- Yes
Gas
- Natural Gas Connected
- Yes
Roof
- Metal
- Yes
Water
- Public
- Yes
Sanitation
- Sewer
- Yes
Water Rights
- No
- Yes
Location Amenities
- Corner Lot
- Yes
- High Traffic Loc
- Yes
- High Visibility
- Yes
- Highway Access
- Yes
Mineral Rights
- No
- Yes
Occupant
- Vacant
- Yes
Terms Offered
- Cash
- Yes
Possession
- DOD
- Yes
Sign
- Yes
- Yes
Property Features
Allowable Uses:
Mixed Use; Office; Restaurant/Bar; Retail
Construction:
Frame
Roof:
Metal
Condition:
Good
Electric:
Electricity Connected
Gas:
Natural Gas Connected
Water:
Public
Sanitation:
Sewer
Location Amenities:
Corner Lot; High Traffic Loc; High Visibility; Highway Access
Occupant:
Vacant
Water Rights:
No
Mineral Rights:
No
Terms Offered:
Cash
Sign:
Yes
Possession:
DOD
Documents
Legal Description ›
Listing Office:
Mountain Mind Real Estate
Last Updated: March - 02 - 2026
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