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Rifle Commercial Property with Potential

758 Railroad Avenue, Rifle, CO 81650

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For Sale

$385,000

COMMERCIAL - Rifle, CO

Property size:

1,468 SF

Lot size:

0.16 Acres

Price / SF:

$262/SF

HighLights

Prime corner lot location near school and fairgrounds.
Potential for home‑based business.
Remodel potential to 3‑bedroom layout with bonus room.
Fenced backyard with 2 storage sheds and mature landscaping.
Mini‑split system for heating/cooling in bonus room.
Recent upgrades including exterior paint, lighting, electrical, water heater, and sewer line.

We can help!

Listing Contact

Renee Morrison

For Sale

$385,000

COMMERCIAL - Rifle, CO

Property size:

1,468 SF

Lot size:

0.16 Acres

Price / SF:

$262/SF

Added:: Dec 12, 2025
Days on Market:: 186
Last Refresh:: Jun 16 at 5:06 pm

Property Features for 758 Railroad Avenue

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: MDR
Basement: Unfinished
Standard status: Active
APN: 217709315015
Size: 1,468 SF
Lot size: 0.16 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: Section: 9 Township: 6 Range: 93 Subdivision: MAXFIELD ADD. Block: 3 Lot: 35 AND:- Lot: 36
Tax Annual Amount: 3406

Utilities

Water source: Public

Building Details

Year built: 1908
Building materials: Frame
Roof type: Metal

We can help!

Listing Contact

Renee Morrison

Listing agent Renee Morrison

Listing office United Country Real Colorado Properties 428 Main St, Grand Junction, CO

Listing date Dec 12, 2025

MLS# 191056

HighLights

Prime corner lot location near school and fairgrounds.
Potential for home‑based business.
Remodel potential to 3‑bedroom layout with bonus room.
Fenced backyard with 2 storage sheds and mature landscaping.
Mini‑split system for heating/cooling in bonus room.
Recent upgrades including exterior paint, lighting, electrical, water heater, and sewer line.

Overview

Located at the corner of 8th and Railroad Avenue, this property offers significant potential. Situated across from the middle school and close to the Rifle Fairgrounds, the location is ideal for various uses. The property, previously used as a real estate office, could function well as a home-based business. With remodeling, it can be converted into a 3-bedroom, 1-bath residence with a living area, kitchen, and a large bonus room suitable for a home/office combination. The property includes a fenced backyard with two storage sheds and mature landscaping. The bonus room is equipped with window shades and a mini-split system for heating and cooling. Recent improvements include exterior paint, upgraded light fixtures throughout, an upgraded electrical circuit in the kitchen area, an upgraded Rennar on-demand water heater, Dura Rock installed in the basement, and a replaced sewer line from the building to the cleanout. The lot size is 0.16 acres. The property size is 1468 square feet. The zoning is MDR.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$32.2k	$21.96
− Vacancy	−$4.5k	−$3.07
EGI	$27.7k	$18.89
− OpEx	−$6.9k	−$4.72
NOI	$20.8k	$14.16

1,468 SF · lease $21.96/SF/yr · vacancy 14.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$297.0K

$259.9K – $346.6K (±1% cap)

NOI $20,793 @ 7.0% cap · market cap 5.40%

Second Best

Apartment 5plus

$256.4K

$224.4K – $299.2K (±1% cap)

NOI $17,950 @ 7.0% cap · market cap 4.66%

Theoretical Best

Office A

$384.5K

$336.4K – $448.5K (±1% cap)

NOI $26,912 @ 7.0% cap · market cap 6.99%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Location Insight

Map
Local Demand

City: Rifle
County: Garfield
State: Colorado
Longitude: -107.783155
Latitude: 39.536362

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For sale
Live-work space
CO
Rifle
81650
758 Railroad Avenue

What type of property is this?

Live-work space - Corner lot with potential for home-based business or residential use.

Where is this live-work space located?

The property is located at 758 Railroad Avenue Rifle, CO.

What is the asking price?

The asking price for this property is $385,000.

What are key features of this property?

This property features: Prime corner lot location near school and fairgrounds.; Potential for home‑based business.; Remodel potential to **3‑bedroom layout with bonus room.**

758 Railroad Avenue, Rifle, CO 81650

COMMERCIAL - Rifle, CO

Property Features for 758 Railroad Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turnkey Restaurant Building and Business

Turnkey Restaurant Building and Equipment

Rifle Commercial Building with Cold Storage

Rifle Commercial Property with I-70 Visibility

Turnkey Bar & Grill Business

Second-Floor Office/Studio Suite

Remodeled Duplex with Income Potential

Rifle Duplex: Income Opportunity

Furnished Commercial Space in Rifle

Office Shop-Warehouse with Two OH Doors

Restaurant and Bar Business Opportunity

Industrial Warehouse for Sale

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