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144 E 1st Street, Parachute, CO 81635

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For Sale

$445,000

2 beds • 1 baths • 1 half baths • 1,768 sqft

Estimated Payment

$ 2,342 /mo. †

6.67% APR for 30 yrs.
$619 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $251.70
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This one-of-a-kind property offers the versatility you've been dreaming of. This mixed-use commercial and residential opportunity awaits. The two-bedroom, one-bathroom residential unit upstairs was remodeled in 2020 with exquisite upgrades, including an oversized tub, custom tiling, stainless steel appliances, and an open-concept living room and kitchen. A stunning and fully remodeled commercial space on the main level is a welcoming environment for your business desires. It includes a customer check-out counter, plenty of room for storage, a utility sink, and a new hot water heater in 2023. Fully enclosed, offering privacy and security, the lot is surrounded by custom steel fencing, boasting a sizeable graveled area, mature trees, a 40-ft storage container, and a large access gate on the west side. Additionally a fenced-in and turfed area with a 6-person hot tub, an ideal ''backyard'' space for your enjoyment. This property has the street appeal you want, with the convenience of an on-site residence. It is the perfect opportunity to live where you work or invest in a practical and usable space. With long-term and short-term rental possibilities alongside the commercial opportunity, the potential is endless with this property in Old Town Center in the heart of Parachute. Schedule your showing today.
MLS# 184691

Courtesy Of Property Professionals

(970) 625-2255

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Washer
  • Architecture Style
    Other
  • Exterior Type
    Block, Stucco
  • Heating System
    Baseboard, Hot Water
  • Lot Size
    0.23 Acres

Map and Directions

Directions to 144 E 1st Street, Parachute, CO 81635

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $2,290
  • Property Taxes
    $51
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,342

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Grand Valley Center For Family Learning

Grades PK-1 Public School

Parachute, CO 81635 0.1 miles
100 e 2nd st

263 total students
22:1 Student teacher ratio

School Details

Bea Underwood Elementary School

Grades 2-5 Public School

Parachute, CO 81635 1.7 miles
741 tamarisk trl

340 total students
17:1 Student teacher ratio

School Rating: D-

School Details

Grand Valley Middle School

Grades 6-8 Public School

Parachute, CO 81635 1.9 miles
364 sipprelle dr

253 total students
16:1 Student teacher ratio

School Rating: D

School Details

Grand Valley High School

Grades 9-12 Public School

Parachute, CO 81635 0.8 miles
800 cardinal way

303 total students
14:1 Student teacher ratio

School Rating: C+

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Parachute, CO 81635

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Parachute, CO 81635

This community’s employment is highest in the construction and transportation industries. The area’s overall household expenses are below the national average.

82° July
Hottest Average Month
14° January
Coldest Average Month
2,356 Total Households in Area
0.2% Increase in population since the year 2010
30%
of households
have children
37 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Parachute, CO 81635

Parachute, CO 81635 has a population of 6,036 people in 2,356 households with a median age of 36.2 years old.

0.2%
Increase in population
since the year 2010
Population is Trending up
2,326
Total households as of 2010
5.3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 36.2 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 72%
Hispanic 25%
Other 11%
Native American 2%
Black <1%
Asian <1%
The most prevalent ethnicity is White at 72%, followed by Hispanic at 25%, Other at 11%, and Native American at 2%.

Economics
for Parachute, CO 81635

22 /sq mi
Population Density
$67,090 /yr
Median Household Income
$340,000
Median Sales Price
37 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 32.84% of the households.

Transportation to Work

  • Drive 92%
  • Work from Home 6%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 1,709 69%
Rented 646 26%
Vacant 137 5%

White vs Blue Collar Jobs







White Collar 68%
Blue Collar 32%

Family & Education Facts
for Parachute, CO 81635

36.2 Median Age

Average Household Size

2.5
persons per
household

55.7%

Married Households

Community Population By Education

High School Graduate 33%
Some College 20%
Bachelors Degree 18%
Graduate Degree 13%
Some High School 9%
Associates Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 32.87% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
30% of households have children

Weather
for Parachute, CO 81635

The weather for this area ranges from a high of 82° F in July to a low of 14° F in January

82° July
Hottest Average Month
14° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
14°
33°
Feb
17°
38°
Mar
23°
44°
Apr
30°
53°
May
39°
64°
Jun
48°
75°
Jul
55°
82°
Aug
52°
79°
Sep
44°
71°
Oct
34°
59°
Nov
23°
43°
Dec
15°
35°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Aspen/Glenwood Springs MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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