# 120 N Railroad Avenue, Parachute, CO 81635

> **TL;DR:** single family, $700,000. Est. $3,033/mo. Listed 370 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $700,000 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 370 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,033 |
| **Total** | **$3,033** |

## Description

### Agent Description
Downtown Parachute investment property - 6 % + cap rate. Two-story commercial building in the heart of downtown Parachute, fully leased with solid rental income. The main floor is divided between two tenants, one occupying two-thirds of the space and the other utilizing the remaining third, which includes a private bathroom and sink area, The second floor features multiple office suites of varying sizes, shared restrooms, a kitchenette, and a large conference room. This property offers stable tenants and a strong return.

## Location

- **Address:** 120 N Railroad Avenue, Parachute, CO 81635
- **County:** Garfield
- **Coordinates:** 39.454491, -108.051128
- **Google Maps:** https://www.google.com/maps?q=39.454491,-108.051128

## Listing Agent

- **Name:** Your 3A Team Merrite Wyatt & Kayla Howell
- **Brokerage:** BRAY REAL ESTATE
- **Phone:** 9702606947
- **Email:** mwyatt@brayandco.com

## Primary Photo

![120 N Railroad Avenue - Primary Photo](http://lh.rdcpix.com/50c8be63fdf11768d3e2d7f8556d19a3l-f4129029361r.jpg)

*42 total photos available on [listing page](https://www.propertysimple.com/listing/120-n-railroad-avenue-parachute-co-81635-20252430)*

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**MLS#:** 20252430 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/120-n-railroad-avenue-parachute-co-81635-20252430)

---

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