119 W 3rd Street, Rifle, CO 81650

$600,000
Property Type: Commercial Sale Square Footage: 2,538 Lot Size (sq. ft.): 3,580 Status: Closed
Current Price: $600,000 List Date: 2/13/2026 Last Modified: 4/04/2026

Overview

Description

Downtown Rifle commercial restaurant building offering an excellent owner-operator or investment opportunity. Located at 119 W 3rd Street, this property provides a chance to own your space rather than lease, creating long-term stability and equity. Positioned in Rifle's downtown core with strong visibility and walkability, the building is well-suited for continued restaurant or food service use, with flexibility for future repositioning depending on buyer needs and zoning allowances. The surrounding area includes established local businesses and steady community traffic. Limited availability of downtown commercial properties makes this a rare opportunity for a business owner seeking control over occupancy costs or an investor looking for a practical commercial asset in a growing small-town market. Ideal for an owner-user restaurant, café, or similar commercial use. Buyer to verify zoning, permitted uses, and square footage to their satisfaction.

Listing Details MLS# 191406

Location Info

Inside City Limits
Yes
Condominiumized
No
Zoning City
Rifle
Zoning County
Garfield
Type
Commercial
Major Area
Rifle
Area
12-Rifle Proper
Asking Price
699000
Original List Price
699000
Street #
119
Street Direction Pfx
W
Street Name
3rd
Street Suffix
Street
City/Town
Rifle
State/Province
CO
Postal Code
81650

Keywords Info

Total Building SqFt
1.001 - 5,000
Association Dues
No

Listing Info

Occupant Type
Vacant
SqFt Level
Ground Floor
Seller/Owner is Licensed
No
REO
No
Member Association
Glenwood Association

General Info

Sub/Loc
Townsite of Rifle
County
Garfield
Legal
SECTION: 16 TOWNSHIP: 6 RANGE: 93 SUBDIVISION: ORIGINAL TWNSTE. RIFLE BLOCK: M LOT: 17 THE W 3.64' OF LOT 16 3580 SQUARE FEET
Zoning
Commercial
Lot SqFt
3580
Nbr of Acres
0.08
Total SqFt
2538
Unit SqFt
2538
Parcel #
217716216007
Year Built
1918
Year Remodeled
2024
Directions
From I-70 go into downtown Rifle, take a left at 3rd st and building is on the left halfway down the block

Financing Info

Metro Tax District
No
Taxes
4639.6
Tax Year
2024
Transfer Tax
No
HOA Dues
0
Total HOA Fee Per Year
0

Status Change Info

Under Contract Date
2026-02-13
Proposed Close Date
2026-03-26
Sold Date
2026-04-03
Sold Price Per/SF
236.41
How Sold
Conventional

More Information

Remarks

Public Remarks
Downtown Rifle commercial restaurant building offering an excellent owner-operator or investment opportunity. Located at 119 W 3rd Street, this property provides a chance to own your space rather than lease, creating long-term stability and equity. Positioned in Rifle's downtown core with strong visibility and walkability, the building is well-suited for continued restaurant or food service use, with flexibility for future repositioning depending on buyer needs and zoning allowances. The surrounding area includes established local businesses and steady community traffic. Limited availability of downtown commercial properties makes this a rare opportunity for a business owner seeking control over occupancy costs or an investor looking for a practical commercial asset in a growing small-town market. Ideal for an owner-user restaurant, café, or similar commercial use. Buyer to verify zoning, permitted uses, and square footage to their satisfaction.

Allowable Uses

Office
Yes
Restaurant/Bar
Yes
Retail
Yes

Current Use

Restaurant
Yes

Access

Paved
Yes

Electric

Electricity Connected
Yes

Condition

Good
Yes

Gas

Natural Gas Connected
Yes

Roof

Membrane
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Heating/Cooling

Baseboard
Yes
Evaporative Cooling
Yes
Hot Water
Yes

Location Amenities

High Traffic Loc
Yes

Parking

1 - 5 Spaces
Yes
Street Parking
Yes

Occupant

Vacant
Yes

Possession

DOD
Yes

Sign

Yes
Yes

Property Features

Allowable Uses: Office; Restaurant/Bar; Retail Current Use: Restaurant Roof: Membrane Condition: Good Electric: Electricity Connected Gas: Natural Gas Connected Water: Public Sanitation: Sewer Parking: 1 - 5 Spaces; Street Parking Access: Paved Location Amenities: High Traffic Loc Occupant: Vacant Sign: Yes Possession: DOD
IDX
Listing Office: eXp Realty LLC
Source MLS Verified
Last Updated: April - 04 - 2026
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