252 Grn St Parachute, CO 81635
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 252 Grn St
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 3,116 square foot shell space in Parachute, CO, perfectly positioned within the burgeoning Gateway development. This development includes a 68-unit apartment complex, ensuring a built-in customer base for the laundromat, the only permitted facility of its kind serving Parachute and nearby Battlement Mesa. The property benefits from its strategic location off Parachute Creek Road and I-70 (0.20 miles), surrounded by residential areas and businesses that guarantee high foot traffic. Convenient customer parking is provided with 18 shared spaces. The space will be delivered as a shell, complete with separate men's and women's restrooms, and the build-out will include essential infrastructure: plumbing for washers and dryers, restroom hookups, HVAC, finished ceilings and exterior walls, doors, lighting, and concrete floors. Zoned as Highway Tourist District, this property offers a unique chance for owner-users or investors to acquire a customizable space in a rapidly growing market. Demolition is slated for Q4 2024, with construction commencing Q1 2025. This is a rare opportunity to establish a dominant position in a currently underserved market. Don't miss out on this chance to own the only laundromat in Parachute, CO, with the real estate included.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Parachute
- County
- Garfield
- State
- Colorado
- Longitude
- -108.052
- Latitude
- 39.4569
