George Goodrich - Coldwell Banker Distinctive Properties Logo
$799,000
( $220.78Per Sq Foot )
 $4,289 est/mo Sourced by Back At You
Source MLS Verified

315 E 1st Street A & B,Parachute, CO 81635

Parachute, CO 81635

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Description

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.

Details

MLS #191862
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1955
Days On Site239
Listing Provided ByMountain Mind Real Estate | Dylan Lewis

Features

SQ Feet3,619
ZoningCommercial
Acreage0.63

Taxes

Property12509

Area Information

StateCO
CountyGarfield
CityParachute
Zip Code81635
AreaParachute
Community NameTownsite of Parachute
Listing VS Median (in Townsite of Parachute)
Price:
$799,000
low | high
Med:
$325,000
100% of Average
sqft:
3,619
low | high
Med:
1,245
100% of Average
$ / sqft:
$221
low | high
Med:
$261
31.762343491614% of Average
On site:
239
low | high
Med:
328
72.865853658537% of Average
Sourced by Back At You

Market Activity 81635

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Contact

Learn More About This Property

George Goodrich

George 'Chip' Goodrich

Coldwell Banker Distinctive Prop

RRE-RBS-LIC-89131 (406) 579-1962chipgoodrich406@gmail.com
StateCO
CountyGarfield
CityParachute
Zip Code81635
AreaParachute
Community NameTownsite of Parachute
Listing VS Median (in Townsite of Parachute)
Price:
$799,000
low | high
Med:
$325,000
100% of Average
sqft:
3,619
low | high
Med:
1,245
100% of Average
$ / sqft:
$221
low | high
Med:
$261
31.762343491614% of Average
On site:
239
low | high
Med:
328
72.865853658537% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 6:29:36 PM PDT

George Goodrich - Coldwell Banker Distinctive Properties