$1,290,000

1430 Railroad Avenue

Rifle CO, 81650

Description

Multi unit mixed-use commercial retail/office/medical building fronting on busy Railroad Avenue. High traffic and visibility with easy access to large, off street parking lot. Stable tenancy with excellent cash flow and several multi-year leases. Excellent investment/1031 Exchange property yields a current cap rate of over 6.7%. Contact listing agent for detailed rent roll and cash flow analysis.

Details

MLS#160533
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1982
Days On Site181

Features

SQ Feet13,500
Story(s)0
ZoningComm'l CS

Market Activity 81650

Loading Form

Loading Form

Area Information

StateCO
CountyGarfield
CityRifle
Zip Code81650
AreaRifle
Listing VS Median (in 81650)
Price:
$1,290,000
low | high
Med:
$249,000
100% of Average
SqFt:
13,500
low | high
Med:
880
100% of Average
$ / SqFt:
$96
low | high
Med:
$283
100% of Average
On Site:
181
low | high
Med:
89
100% of Average
Listing Updated: 01/17/2020
MLS Number: 160533
Listing Provided By:
Joe Carpenter  of  Integrated Mountain Properties

MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the Aspen Board of Realtors MLS.