Established Restaurant and Bar For
127 East 3rd Street Rifle, CO 81650
127 East 3rd Street, Rifle, CO, 81650
Contact for pricing
For Sale
Contact for pricing
Restaurant and bar with seller financing and highway access.
Property Size4,712 SF
Price / SF$254.67
Days on Market57
Property Features for 127 East 3rd Street
General Information
- Standard status
- Active
- Size
- 4,712 SF
- Property subtype
- Retail, Hospitality
Building Details
- Year Built
- 1898
Listing Agency
Antonoff & Co
Listed by
Charles Nusbaum · License #CO EA.040028301
Source
Crexi
Added: May 22 Checked: Jul 16 at 11:27 am
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 Antonoff & Co
Investment Insights
Based on property information with market context.
This commercial property, suitable for bars, pubs, conventional restaurants, and general commercial real estate use, features a combined capacity for 150 people. The sale includes all furniture, fixtures, and equipment (FFE), with the exception of some leased equipment. Seller financing options are available. The bar is currently open two nights per week, generating $50,000 in monthly sales. The restaurant achieves annual sales of $750,000. The property offers convenient access to I-70 and Highway 6. The property size is 4,712 square feet.
Key Highlights
- High combined capacity for 150 people
- Existing revenue: $50,000 monthly bar sales and $750,000 annual restaurant sales
- All Furniture, Fixtures, and Equipment (FFE) included
Local Financial Insights For Specialty 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 | $94.4k | $20.04 |
| − Vacancy | −$4.0k | −$0.84 |
| EGI | $90.5k | $19.20 |
| − OpEx | −$22.6k | −$4.80 |
| NOI | $67.8k | $14.40 |
4,712 SF · lease $20.04/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$969.2K
$848.1K – $1.13M
NOI $67,847 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,381 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar For Sale Nearby
Similar Off Market Nearby
- Brickhouse Pizzeria — 100 E 3rd St, Rifle, CO 81650
- Symphony — 132 E 4th St, Rifle, CO 81650
- The Rifle Bar — 127 E 3rd St, Rifle, CO 81650
FAQs
What type of property is this?
Bar & Pub - Restaurant and bar with seller financing and highway access.
Where is this bar & pub located?
The property is located at 127 East 3rd Street Rifle, CO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: High combined capacity for 150 people; Existing revenue: $50,000 monthly bar sales and $750,000 annual restaurant sales; All Furniture, Fixtures, and Equipment (FFE) included
