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Income-Producing

24207 Highway 6&24 : Rifle, CO 81650

Garfield County, Colorado

1.60 Acres
$750,000 USD
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Income-Producing : Rifle : Garfield County : Colorado

Land Description

Rifle, CO commercial property with solid income potential

Property has three buildings, excellent storage & workshop space, lots of vehicle parking, solid fencing

Income property in West Rifle--this commercial/industrial space has excellent rental history and is well located just a mile west of Railroad Ave. Building A is 50x120 with an office with kitchen area and 1/2 bath 30x50 heated space with 12x14 garage door unheated 50x70 storage and workshop space with heavy-duty concrete floor and 12x14 garage door. The total acreage is about 1.6 acres. County records show 1.29 ac, but that number is not correct.

Upstairs rental apartment has 3 BR, 1 BA, garage space downstairs

The upstairs apartment is 3 BR, 1 BA, 1,200 square feet, with a small garage. The workshop & office rents for $3,400/Mo the apartment rents for $1,200/Month and is occupied. Building B was originally built of cinder block in 1960, but you can't tell. It has clean metal siding and a metal roof, plus a 400-Square-Foot office with 3 offices, conference room, & restroom--$2,600/mo. Building C is 24x48 garage/shed/shop building with 1 nice bay. Owner occupies it now, but it will easily rent for $600 a month. The entire property is surrounded with tight 6' chain-link fencing and a gate. The property is very well maintained and in excellent condition.

Expenses & rents--solid numbers

Total insurance cost for all the buildings is $210/Month water is $82/Month there are two engineered septic systems, so no sewer costs. Taxes are $11,365/Year.

Land Maps & Attachments

More Land Details

Has Residence / Home
Has Commercial Building
LANDFLIP ID
230257
MLS / Internal / Other ID
05022-10247
Posted on LANDFLIP
492 Days Ago
Last Updated
192 Days Ago
Views
188
Saves
1
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