248 E 1st Street

Parachute, CO 81635

About this property

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) .

About this property

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) .

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$590,000 Active
2,412 sqft

Presented By Coldwell Banker Distinctive Properties Telluride

Agent Image
Get in touch today! Phone: 1-970-728-4454
Brokerage
FreeByrd Real Estate
1-970-984-9384
Listed By Jennie A Marcotte
Brokerage: FreeByrd Real Estate

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Distinctive Properties Telluride

By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Distinctive Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains