$1,200,000
$1,300,000
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1900/1910 Airport Road Rifle, CO 81650
14,280 SqFt
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 14,280 sqft
Price per Sqft $84
Subdivision Rifle Business Park
MLS Listing ID 163864
Sold Date 08/18/21
Year Built 2004
Annual Tax Amount $10,770
Tax Year 2020
Lot Size 1.472 Acres
Acres 1.47
Property Sub-Type Commercial
Source Aspen Glenwood MLS
Property Description
Two warehouses totaling 5,260 sf, plus loading well and a 6,000 sf showroom/retail space,
Excellent access and visibility with large private parking lot. Formerly used as a Sears outlet store, this facility lends itself to a variety of uses with flexible commercial PUD zoning.
The upper level includes a spacious and well-finished 4 bedroom, 3 bathroom residential unit measuring 2,880 sf.
Smaller warehouse and residential unit are currently leased through March 1, 2023.
The larger warehouse and retail area/showroom are also occupied on a two-year lease. Call listing agent for further details.
Excellent investment and/or 1031 exchange property yielding a cap rate over 7% with annual rent escalations.
Location
State CO
County Garfield
Community Rifle Business Park
Area Rifle
Zoning Commercial PUD
Direction I-70 to Rifle exit, south to Airport Road, East to 1900 Airport Rd
Exterior
Utilities Available Natural Gas Available
Roof Type Metal
Building
Lot Description Landscaped
Foundation Slab
Water Public
Others
Tax ID 217715407050
Acceptable Financing Lease Option, Cash
Listing Terms Lease Option, Cash
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