Second-Floor Medical Office
450 West Avenue Unit 202 Rifle, CO 81650
450 West Avenue Unit 202, Rifle, CO, 81650
$225,000
For Sale
$225,000
Second-floor office unit with an open-concept layout, elevator access, and plumbing for an additional private restroom.
Property Size1,065 SF
Price / SF$211.27
Days on Market315
Property Features for 450 West Avenue Unit 202
General Information
- Standard status
- Active
- Size
- 1,065 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2007
Listing agency
(970) 379-0199
Listed by
Property Professionals
(970) 379-0199
Source
Xome
Added: Sep 11, 2025 Updated: Jul 21 at 12:56PM Checked: Jul 21 at 12:56PM
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 Property Professionals
Investment Insights
Based on property information with market context.
Unit 202 is a second-floor office suite with an open-concept layout designed for customization. The space is described as bright and adaptable, with elevator access for both clients and staff. It also includes plumbing for adding an additional private restroom, offering flexibility for a professional tenant buildout.
The unit is located near Railroad Avenue along Rifle’s main corridor, surrounded by established local businesses and described as having strong visibility and foot traffic.
Unit 202 is well suited for office or medical office users seeking a flexible interior configuration within a centrally positioned retail and business area.
The unit is located near Railroad Avenue along Rifle’s main corridor, surrounded by established local businesses and described as having strong visibility and foot traffic.
Unit 202 is well suited for office or medical office users seeking a flexible interior configuration within a centrally positioned retail and business area.
Key Highlights
- Second‑floor office unit with an open‑concept layout for flexible use
- Plumbing in place for an additional private restroom
- Elevator access for clients and staff
Local Financial Insights For Office B
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 | $23.4k | $21.96 |
| − Vacancy | −$3.3k | −$3.07 |
| EGI | $20.1k | $18.89 |
| − OpEx | −$5.0k | −$4.72 |
| NOI | $15.1k | $14.16 |
1,065 SF · lease $21.96/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$215.5K
$188.6K – $251.4K
NOI $15,085 @ 7.0% cap · market cap 6.70%
Second Best
Healthcare Medical
$187.5K
$164.0K – $218.7K
NOI $13,122 @ 7.0% cap · market cap 5.83%
Theoretical Best
Office A
$278.9K
$244.1K – $325.4K
NOI $19,524 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Second-floor office unit with an open-concept layout, elevator access, and plumbing for an additional private restroom.
Where is this office units located?
The property is located at 450 West Avenue Unit 202 Rifle, CO.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Second‑floor office unit with an open‑concept layout for flexible use; Plumbing in place for an additional private restroom; Elevator access for clients and staff
