Remodeled Storefront
258 S Railroad Avenue, Parachute, CO 81635
For Sale
$699,000
Commercial Sale, Parachute, CO
Property Size1,700 SF
Lot Size0.74 Acres
Price / SF$411.18
Days on Market136
Property Features for 258 S Railroad Avenue
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Water source
Building Details
Year built
Building materials
Roof type
Listing Agency:
Western Slope Real Estate
(720) 648-9648
Listed By:
Kehaulani Rust · License CO FA100077227
(970) 274-1351
Added: Jul 1
Changed: Oct 5
Last Checked: Nov 13 at 8:06PM
MLS# 193586
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.
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Investment Insights
Based on property information with market context.
Located at 258 S Railroad Avenue in Parachute, this 1,700-square-foot storefront property sits on a 0.74-acre parcel. Built in 1987 with frame construction, the building has been remodeled with farmhouse-inspired finishes, black metal details, and garage-style doors. The property includes both an occupied portion and vacant space for a business or future tenant.
The site provides ample parking and is positioned in downtown Parachute, Colorado. Commercial Property zoning, public water, and a metal roof are among the recorded property features. The configuration offers a combination of existing occupancy and usable commercial space within a freestanding building.
The site provides ample parking and is positioned in downtown Parachute, Colorado. Commercial Property zoning, public water, and a metal roof are among the recorded property features. The configuration offers a combination of existing occupancy and usable commercial space within a freestanding building.
Key Highlights
- 1,700‑square‑foot storefront property on a 0.74‑acre lot
- Occupied section plus vacant space for an owner‑user or additional tenant
- Remodeled interior with black metal finishes and garage‑style doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,563
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,260
$411.3K
Cap Rate 7%
$293,757
$293.8K
Cap Rate 9%
$228,478
$228.5K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$30.6K $18.00/SF
− Vacancy
−$1.2K −$0.72/SF
EGI
$29.4K $17.28/SF
− OpEx
−$8.8K −$5.18/SF
NOI
$20.6K $12.10/SF
Area
Garfield County, CO
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,260
Cap Rate 7%
$293,757
Cap Rate 9%
$228,478
Alternative Uses
Best Use
Retail
$293.8K
$257.0K – $342.7K
NOI $20,563 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$445.2K
$389.6K – $519.4K
NOI $31,165 @ 7.0% cap · market cap 4.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
11k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 98%
Hotels & Casinos 2%
Family Dollar
Shops & Services
3,987 visits/mo
0.3 miles
Shell
Shops & Services
1,992 visits/mo
0.0 miles
Napa Auto Parts
Shops & Services
1,978 visits/mo
0.2 miles
Sinclair
Shops & Services
1,419 visits/mo
0.1 miles
Sinclair
Shops & Services
1,215 visits/mo
0.2 miles
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
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - Updated commercial space combines an occupied section with available room for an owner-user or additional tenant.
Where is this storefront property located?
The property is located at 258 S Railroad Avenue Parachute, CO.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 1,700‑square‑foot storefront property on a 0.74‑acre lot; Occupied section plus vacant space for an owner‑user or additional tenant; Remodeled interior with black metal finishes and garage‑style doors
