120 N Railroad Avenue

$775,000

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.

Merrite Wyatt Contact

Exterior

Lot Features	Corner Lot

Area & Lot

Status	For Sale
MLS® ID	20252430
Type	Commercial

Financial

SALES PRICE	$775,000
REAL ESTATE TAXES	$5,045/yr

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120 N Railroad Avenue