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
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