Established Restaurant
For Sale
$250,000
Wingnutz Bar & Grill, Rifle, CO 81650
Commercial Sale, Rifle, CO
Property Size1,512 SF
Lot Size0.30 Acres
Price / SF$165.34
Days on Market124
Property Features for Wingnutz Bar & Grill
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Light Industrial
Subdivision
Meisner Add
Directions
Located directly off of Highway 13/Railroad Ave. Just before the intersection of Railroad Ave & Whiteriver
Special listing conditions
Real Estate Owned, In Foreclosure
Standard status
Active
APN
217704307003
Size
1,512 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Sale includes the established commercial business of Western Slope Investments more commonly known as WingNutz Bar and Grill. The sale includes furniture, fixtures, equipment, goodwill, trade name, and business assets. Inventory to be negotiated separately. NO REAL ESTATE INCLUDED.
Legal Description
Sale includes the established commercial business of Western Slope Investments more commonly known as WingNutz Bar and Grill. The sale includes furniture, fixtures, equipment, goodwill, trade name, and business assets. Inventory to be negotiated separately. NO REAL ESTATE INCLUDED.
Utilities
Water source
Public
Building Details
Year built
1980
Floors in Building
1
Listing Agency:
Property Professionals
(970) 625-2255
Listed By:
Kevin Atchison · License #FA100071604
(970) 379-0199
Added: Jun 6
Changed: Sep 12
Last Checked: Oct 7 at 9:06AM
MLS# 193172
Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The sale includes the established WingNutz Bar & Grill business at 2178 Railroad Ave. in Rifle, Colorado. Included assets comprise the trade name, goodwill, furniture, fixtures, equipment, and operational infrastructure, along with the rights to operate under the WingNutz name. Inventory is subject to separate negotiation, and no real estate is included.
The business has served the Rifle community for more than 21 years. Property-related improvements supporting operations include expanded kitchen capacity, utility upgrades, HVAC enhancements, and walk-in refrigeration and freezer facilities. The business is located in a 1,512-square-foot commercial setting associated with a 1980 building and public water service.
The business has served the Rifle community for more than 21 years. Property-related improvements supporting operations include expanded kitchen capacity, utility upgrades, HVAC enhancements, and walk-in refrigeration and freezer facilities. The business is located in a 1,512-square-foot commercial setting associated with a 1980 building and public water service.
Key Highlights
- Established WingNutz Bar & Grill business serving Rifle for more than 21 years
- Sale includes the WingNutz trade name, goodwill, furniture, fixtures, equipment, and business assets
- Expanded kitchen capacity, utility upgrades, HVAC improvements, and walk‑in refrigeration/freezer facilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,771
Cap Rate
8.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,420
$435.4K
Cap Rate 7%
$311,014
$311.0K
Cap Rate 9%
$241,900
$241.9K
Market Conditions
NOI Build-Up for 1,512 SF
Gross rent
$30.3K $20.04/SF
− Vacancy
−$1.3K −$0.84/SF
EGI
$29.0K $19.20/SF
− OpEx
−$7.3K −$4.80/SF
NOI
$21.8K $14.40/SF
Area
Garfield County, CO
Vacancy
4.20%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,420
Cap Rate 7%
$311,014
Cap Rate 9%
$241,900
Alternative Uses
Best Use
Specialty Retail
$311.0K
$272.1K – $362.9K
NOI $21,771 @ 7.0% cap · market cap 8.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$396.0K
$346.5K – $462.0K
NOI $27,718 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81650, CO
14,336
Population
5,088
Households
2.8
Avg Household Size
34
Median Age
17%
College-Educated
85%
High-School Grad
1,022.7 sq mi
ZIP Area
14
Density / Sq Mi
$81,506
Median Household Income
$41,982
Median Earnings
$1,236
Median Rent
$397,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant business includes the WingNutz trade name, furniture, fixtures, equipment, and supporting operational infrastructure.
Where is this conventional restaurant located?
The property is located at Wingnutz Bar & Grill Rifle, CO.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Established WingNutz Bar & Grill business serving Rifle for more than 21 years; Sale includes the WingNutz trade name, goodwill, furniture, fixtures, equipment, and business assets; Expanded kitchen capacity, utility upgrades, HVAC improvements, and walk‑in refrigeration/freezer facilities
