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252 Green St

3,116 SF Vacant Retail Building Parachute, CO 81635 £920,377 (£295/SF)

Investment Highlights

  • Only laundromat permitted to service onsite 68-unit apartment complex and Parachute residents
  • 529 S/F Separate Mens/Womens Restroom
  • Strategic Location off of Parachute Creek Road and I70 (0.20 Miles)
  • 3,116 Customizable Square Feet
  • 18 Shared Parking Spaces

Executive Summary

Parachute, CO is an area that is experiencing growth and development. The Gateway development will meet an underserved market in need of a laundromat facility. This space will be the only permitted laundromat facility serving Parachute and nearby Battlement Mesa residents. The Gateway development also includes a 68 unit apartment complex whose residents will serve as the anchor customers for the laundromat facility. This property is surrounded by residential areas and businesses that will ensure high foot traffic. Parking will be convenient for customers with 18 shared spaces.
The space will be delivered as a 3,116 square foot shell with separate men’s and women’s restrooms. The buildout will include plumbing for washers, electrical and venting for dryers, plumbing and sewer restroom hookups, HVAC, finished ceiling and exterior walls, doors, lighting and concrete floors.
This is a great opportunity for an owner user as well as investors to own customizable 3,116 square feet. This property is ideally located off of Parachute Creek Road and I70 (0.20 miles). Zoning is Highway Tourist District. Don’t miss this opportunity to be the only laundromat service provider with real estate included in Parachute, CO.

Demolition is scheduled for Q4 2024 with construction beginning Q1 2025.

Attachments

252 Green Street

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,116 SF
Construction Status
Proposed
Price
£920,377
Price Per SF
£295
Percent Leased
Vacant
Number of Floors
1
Building FAR
0.03
Lot Size
2.46 AC
Zoning
HT - Zoning is Highway Tourist District
  • Listing ID: 32495348

  • Date on Market: 17/07/2024

  • Last Updated:

  • Address: 252 Green St, Parachute, CO 81635

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