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127-129 E Third St 4,713 SF 100% Leased Retail Building Rifle, CO 81650 $1,200,000 ($254.61/SF)
Executive Summary
Rifle, CO is a strategic Western Slop hub positioned directly on the I-70 corridor capturing consistent drive-by
traffic between Grand Junction and Glenwood Springs. The area benefits from stable base of energy,
construction, and logistics workforce, plus year-round visitors drawn to nearby outdoor destinations like Rifle Falls
State Park ad Rifle Gap State Park. For a restaurant concept, Rifle delivers a rare combination of: Limited direct
competition with strong local loyalty. High repeat customer base (working-class & families)
Tourism spillover from I-70 & regional recreation. Lower occupancy costs vs. Front Range markets = stronger
margins . PLEASE DO NOT INQUIRE ABOUT THE SALE WITH ANY EMPLOYEES OR MANAGERS
traffic between Grand Junction and Glenwood Springs. The area benefits from stable base of energy,
construction, and logistics workforce, plus year-round visitors drawn to nearby outdoor destinations like Rifle Falls
State Park ad Rifle Gap State Park. For a restaurant concept, Rifle delivers a rare combination of: Limited direct
competition with strong local loyalty. High repeat customer base (working-class & families)
Tourism spillover from I-70 & regional recreation. Lower occupancy costs vs. Front Range markets = stronger
margins . PLEASE DO NOT INQUIRE ABOUT THE SALE WITH ANY EMPLOYEES OR MANAGERS
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,713 SF
Building Class
C
Year Built
1898
Price
$1,200,000
Price Per SF
$254.61
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.68
Lot Size
0.16 AC
Zoning
Commercial
Frontage
500’ on 3rd Street
Amenities
- Restaurant
- Signage
- Storage Space
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R361878 | Improvements Assessment | $78,340 |
| Land Assessment | $37,130 | Total Assessment | $115,470 |
Property Taxes
Parcel Number
R361878
Land Assessment
$37,130
Improvements Assessment
$78,340
Total Assessment
$115,470
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127-129 E Third St