About This Home

This 0-bedroom, 0-bathroom commercial at 140 Diamond Avenue in Parachute, CO is listed for $230,000. on a 1.54 acres lot.

Key Features

  • 1.54 acre lot
Listing Description

Neighborhood Commercial (NC) zoned 1.54-acre lot in Parachute, Colorado, less than one mile from I-70. 140 Diamond Ave offers direct frontage on Diamond Ave, with mountain views. For investors and developers, NC zoning gives you both commercial and residential options.

Uses allowed by right in the Town of Parachute include mixed-use buildings and mixed-use developments, retail under 5,000 SF, a restaurant, bar, or tavern, professional and business offices, rental services, a childcare center, and a bed and breakfast.

A dwelling unit accessory to a permitted business is also allowed, a good fit for an owner who wants to live and work on site. With special review approval, NC also allows multifamily and townhome development, single-family and two-family homes, assisted living, hotels, a brewpub or microbrewery, medical offices, personal storage, a car wash or service station, and light manufacturing.

Parachute sits on the I-70 corridor between Rifle and Grand Junction. This lot gives you room to build a commercial project, a residential project, or a mix of both. Utilities are nearby. Tap fees have not been paid and will be the buyer's responsibility. Garfield County Parcel #240912429001. Buyer to verify zoning, permitted uses, access, and development standards with the Town of Parachute.

Monthly Cost Estimate

$1,230/mo

20% down · 6.5% · 30 years

Principal$166
Interest$997
Insurance$67

Estimates only. Actual payments may vary.

Location

140 Diamond Avenue

Parachute, CO 81635

Tells Meadows

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 140 Diamond Avenue is listed at $230,000. The estimated monthly payment is $1,230 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 1.54 acre lot.

This property is listed by Milton Arroyo.

MA

Milton Arroyo

Agent at RONIN Real Estate Professionals ERA Powered

Listed by RONIN Real Estate Professionals ERA Powered · Broker phone: (970) 985-8169 · Broker website

MLS# 20265166· Source: Grand Junction Area Association of Realtors· 9 days on PropertySimple

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.

140 Diamond Avenue, Parachute, CO 81635

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