Exceptional Retail Building with
1043 N RIVER ROAD Palisade, CO 81526
1043 N RIVER ROAD, Palisade, CO, 81526
$550,000
For Sale
$550,000
Stone and woodworked interior retail building with off-street paved parking and an inside lobby fireplace.
Property Size2,190 SF
Price / SF$251.14
Days on Market429
Property Features for 1043 N RIVER ROAD
General Information
- Standard status
- Active
- Size
- 2,190 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2002
Listing agency
Coldwell Banker Commercial Prime Properties LLC
(970) 244-6602
Listed by
Michael Foster · License #IA40011873
Source
Xome
Added: May 19, 2025 Updated: Jul 21 at 8:04AM Checked: Jul 21 at 8:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Prime Properties LLC
Investment Insights
Based on property information with market context.
This exceptional retail building offers 2,190 sf of retail space with a stone and woodworked interior. The property includes an inside lobby fireplace and is designed for storefront-style presentation.
Off-street, paved parking is available for visitors and customers. The building is located at 1043 N River Road in Palisade, Colorado.
As a retail building for sale, it provides a distinctive interior finish package and straightforward parking access to support everyday customer visits.
Off-street, paved parking is available for visitors and customers. The building is located at 1043 N River Road in Palisade, Colorado.
As a retail building for sale, it provides a distinctive interior finish package and straightforward parking access to support everyday customer visits.
Key Highlights
- 2,190 SF commercial retail building in Palisade, Colorado
- Stone and woodworked interior features, plus an inside lobby fireplace
- Off‑street, paved parking with options including paved driveway and shared driveway
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.5k | $14.40 |
| − Vacancy | −$1.9k | −$0.85 |
| EGI | $29.7k | $13.55 |
| − OpEx | −$8.9k | −$4.07 |
| NOI | $20.8k | $9.49 |
2,190 SF · lease $14.40/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$296.8K
$259.7K – $346.2K
NOI $20,773 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$4.16M
$3.64M – $4.85M
NOI $290,920 @ 7.0% cap · market cap 52.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Happy Camper
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Stone and woodworked interior retail building with off-street paved parking and an inside lobby fireplace.
Where is this storefront property located?
The property is located at 1043 N RIVER ROAD Palisade, CO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,190 SF commercial retail building in Palisade, Colorado; Stone and woodworked interior features, plus an inside lobby fireplace; Off‑street, paved parking with options including paved driveway and shared driveway
