248 E 1st Street, Parachute, CO 81635
sale
$590,000
|
Other
Courtesy Of FreeByrd Real Estate
If what you want is a place where you can live and work in the same community -- growing, affordable, and full of development potential see this one. Exceptional investment opportunity filled centrally located mixed-use property. Commercial ground level with 2 bedroom, 1 bath residential apartment up above. Lower level offers excellent visibility and accessibility, making it ideal for retail, office, or service-based businesses. Upstairs apartment provides comfortable living accommodations for Owner use or Rental income. Abundance of parking and storage. Don't miss the opportunity to get in now. First Street serves as the central thoroughfare of Parachute, running through the downtown area and hosting local businesses, shops, and community events It is the focus of a significant downtown revitalization project aimed at enhancing pedestrian access, adding bike lanes, creating park and plaza spaces, and improving the overall aesthetic and functionality of the town center (source: parachute.gov) .
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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. Information being provided is 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.
Property Features
- Age: Over 50 Years Old
- Exterior Type: Frame
- Legal Description: Subdivision: ORIGINAL TWNSTE PARACHUTE Block: 6 Lot: 10 THRU:- Lot: 12
- MLSID: 193864
- Roof Type: Composition
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