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Two-Story Office Building

120 N Railroad Avenue, Parachute, CO 81635

For Sale
New
$650,000

Commercial Sale, Parachute, CO

Property Size9,984 SF
Lot Size0.29 Acres
Price / SF$65.10
Days on Market7

Property Features for 120 N Railroad Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Subdivision Townsite of Parachute
Lot features Corner Lot
Directions Take Exit 75 for Parachute/Battlement Mesa. Head north toward Parachute on County Road 215. Turn left onto 1st Street, then right onto N Railroad Avenue.
Standard status Active
APN 240912107014
Size 9,984 SF
Lot size 0.29 Acres

Additional Details

Tenant in Place Yes
Property Use Office

Taxes and HOA fees

Tax Year 2025
Tax Description Section: 12 Township: 7 Range: 96 Subdivision: PARK ADD Block: 31 Lot: 29 THRU:- Lot: 32 12500 SQUAQRE FEET
Tax Annual Amount 6961
Legal Description Section: 12 Township: 7 Range: 96 Subdivision: PARK ADD Block: 31 Lot: 29 THRU:- Lot: 32 12500 SQUAQRE FEET

Utilities

Water source Public

Amenities

private restroom and sink area
shared restrooms
kitchenette
spacious conference room

Building Details

Year built 1982
Buildings 1
Listing Agency: Property Professionals
Listed By: Shandice Churchill
Added: Nov 6 Changed: Nov 9 Last Checked: Nov 12 at 8:06PM
MLS# 195133

Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This two-story office property contains 9,984 square feet on a 0.29-acre parcel and was built in 1982. Ground-floor space is occupied, while the upper level is arranged as office suites of differing sizes. Building amenities include a private restroom and sink area, shared restrooms, a kitchenette, and a conference room. The property is zoned Commercial and served by public water.

At 120 N Railroad Avenue, the building is located in downtown Parachute, Colorado. Existing ground-floor occupancy and the range of office configurations provide distinct spaces within the same property.

Key Highlights

  • 9,984‑square‑foot office building on 0.29 acres
  • Two‑story building constructed in 1982
  • Ground‑floor space is occupied

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Parachute Lube & Services Auto Repair Shop Farmers Insurance - Christopher ... Insurance Agency United States Postal ... Post Office Andi Marie Photography Photography Service NAPA Auto service Auto Repair Shop

Suggested Use

Top Pick HVAC Service Auto Parts Store Parking Lot & Garage Real Estate Agency Kitchen & Bath Showroom Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

233
Businesses Nearby

Demographics for 81635, CO

7,185
Population
3,066
Households
2.3
Avg Household Size
34
Median Age
24%
College-Educated
89%
High-School Grad
331.5 sq mi
ZIP Area
22
Density / Sq Mi
$68,865
Median Household Income
$41,082
Median Earnings
$998
Median Rent
$251,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Ground-floor occupancy and upstairs office suites are supported by shared meeting and kitchenette areas.
Where is this office building located?
The property is located at 120 N Railroad Avenue Parachute, CO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 9,984‑square‑foot office building on 0.29 acres; Two‑story building constructed in 1982; Ground‑floor space is occupied
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