$1,300,000

1900/1910 Airport Road

Rifle CO, 81650

Description

Two warehouses totaling 5,260 sf, plus loading well and a 6,000 sf showroom/retail space,Excellent access and visibility with large private parking lot. Formerly used as a Sears outlet store, this facility lends itself to a variety of uses with flexible commercial PUD zoning.The upper level includes a spacious and well-finished 4 bedroom, 3 bathroom residential unit measuring 2,880 sf. Smaller warehouse and residential unit are currently leased through March 1, 2023.The larger warehouse and retail area/showroom are also occupied on a two-year lease. Call listing agent for further details.Excellent investment and/or 1031 exchange property yielding a cap rate over 7% with annual rent escalations.

Details

MLS#163864
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2004
Days On Site355

Features

SQ Feet14,280
ZoningCommercial PUD

Market Activity 81650

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Area Information
StateCO
CountyGarfield
CityRifle
Zip Code81650
AreaRifle
Listing VS Median (in 81650)
Price:
$1,300,000
low | high
Med:
$305,000
100% of Average
SqFt:
14,280
low | high
Med:
1,534
100% of Average
$ / SqFt:
$91
low | high
Med:
$199
68.40336977234% of Average
On Site:
355
low | high
Med:
159
100% of Average
Sourced by Back At You
Listing Updated: April 11, 2021 8:04:31 PM PDT
Kyle Douglas Knott LogoMLS Number: 163864
Listing Provided By:
Kyle Douglas Knott  of  Integrated Mountain Properties

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