About 315 E 1st Street A & B
Positioned at the gateway to Colorado's Western Slope, this property offers a blend of small-town accessibility, outdoor recreation proximity, and downtown momentum few locations can match. All the heavy lifting with the Town has already been completed--making this a ready-to-operate, low-friction acquisition for owner-users or investors seeking a stable asset in a federally supported revitalization zone. (see Documents) High-visibility retail building in Parachute's Old Town Center district with ±0.62 acres and frontage to I-70 (22k VPD). Original 1955 build with 1997 expansion; $400K+ in remodels (2015-2025). West wing & former restaurant both updated to modern codes--new restrooms, plumbing, encapsulation, landscaping, and approvals completed. Zoned OTC for retail/restaurant use near NAPA, Dollar Store & McDonald's. Ample parking, possible expansion, 45 min to Grand Junction. Positioned within federally funded downtown revitalization zone.
Features of 315 E 1st Street A & B
| MLS® # | 191862 |
|---|---|
| Price | $825,000 |
| Acres | 0.63 |
| Year Built | 1955 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 315 E 1st Street A & B |
|---|---|
| Major Area | Parachute |
| Area | 13-Parachute Proper |
| Subdivision | Townsite of Parachute |
| City | Parachute |
| County | Garfield |
| State | CO |
| Zip Code | 81635 |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Metal |
| Construction | Frame |
Additional Information
| Date Listed | March 2nd, 2026 |
|---|---|
| Zoning | Commercial |
| Short Sale | No |
| RE / Bank Owned | No |
| Data Source | AGSMLS |
| Year Remodeled | 2025 |
| Short Termable | No |
Subdivision Statistics
| Listings | Average Price | Average $/SF | Median $/SF | List/Sale price | |
|---|---|---|---|---|---|
| Active Listings 3 | Average Price $1,683,333 | Average $/SF $466 | Median $/SF $825 | Listing Price $825,000 |