$1,100,000 $5,905 est/mo Sourced by Back At You

315 E 1st Street,Parachute, CO 81635

Parachute CO, 81635

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Description

4,608 SF Retail Building | Downtown Location |Excellent Interstate 70 Frontage | Extensive Parking The property is a 4,608 SF retail building located in downtown Parachute Suite A - Dispensary with basement - apx. 1,872 SF Suite B - MIP/Lab/Kitchen/Former Restaurant - apx. 2,736 SF The site is along the primary thoroughfare in downtown Parachute, nearby tenants include: Napa Auto Parts, Family Dollar, McDonald's and others The original building was constructed in 1955 and an expansion/remodel was constructed in 1997 The dispensary suite was fully remodeled in 2015 with approximately $200K in improvements completed (1 restroom) The kitchen/restaurant suite was fully remodeled in 2020 with approximately$200K in improvements completed (2 new restrooms) Renovations of Dispensary and Kitchen/Restaurant allowed for the building to be fully brought up to date to current building code requirements for the permitted use changes The offering includes two adjacent parcels totaling 0.62 acres The two parcels allow for a significant amount of parking and possible expansion of existing building The subject property has excellent frontage to Interstate 70 averaging 22,400 vehicles per day The town of Parachute is less than one mile from the Colorado River and has world class outdoor recreation by being located on the Western Slope of the Rocky Mountains. Parachute is a convenient stop for any travelers along the I-70 corridor and is only 45 minutes from Grand Junction.

Details

MLS#20240847
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site39
Listing Provided ByDOUGLAS ELLIMAN | GABRIEL MOLNAR

Features

ZoningOld Town Center

Market Activity 81635

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Grand Junction Area REALTOR Association MLS.

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Learn More About This Property

StateCO
CountyGARFIELD
CityParachute
Zip Code81635
AreaParachute
Listing VS Median (in 81635)
Price:
$1,100,000
low | high
Med:
$399,900
100% of Average
On Site:
39
low | high
Med:
8.000000
100% of Average
Sourced by Back At You
Listing Updated: March 18, 2024 at 4:12:52 PM PDT
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