About 119 W 3rd Street
Downtown Rifle commercial restaurant building offering an excellent owner-operator or investment opportunity. Located at 119 W 3rd Street, this property provides a chance to own your space rather than lease, creating long-term stability and equity. Positioned in Rifle's downtown core with strong visibility and walkability, the building is well-suited for continued restaurant or food service use, with flexibility for future repositioning depending on buyer needs and zoning allowances. The surrounding area includes established local businesses and steady community traffic. Limited availability of downtown commercial properties makes this a rare opportunity for a business owner seeking control over occupancy costs or an investor looking for a practical commercial asset in a growing small-town market. Ideal for an owner-user restaurant, café, or similar commercial use. Buyer to verify zoning, permitted uses, and square footage to their satisfaction.
Features of 119 W 3rd Street
| MLS® # | 191406 |
|---|---|
| Price | $699,000 |
| Acres | 0.08 |
| Year Built | 1918 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 119 W 3rd Street |
|---|---|
| Major Area | Rifle |
| Area | 12-Rifle Proper |
| Subdivision | Townsite of Rifle |
| City | Rifle |
| County | Garfield |
| State | CO |
| Zip Code | 81650 |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Roof | Membrane |
|---|
Additional Information
| Date Listed | January 20th, 2026 |
|---|---|
| Zoning | Commercial |
| Short Sale | No |
| RE / Bank Owned | No |
| Data Source | AGSMLS |
| Year Remodeled | 2024 |
| Short Termable | No |
Subdivision Statistics
| Listings | Average Price | Average $/SF | Median $/SF | List/Sale price | |
|---|---|---|---|---|---|
| Active Listings 6 | Average Price $435,638 | Average $/SF $0 | Median $/SF $350 | Listing Price $699,000 |
