This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/7
$699,000 Sale Pending
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/7
Property Description
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.
Full Property Details
Full Property Details for 119 W 3rd St
General
- Price: $699,000
- Taxes: $4,639 (2024)
- Status: Pending
- Type: Commercial
- Source: 106
- MLS ID: 191406
- Updated: 2/13/2026
- Added to Site: 4 day(s) ago
Rental Information
- Complex Features: Yes
Location
- Area: Rifle
- County: Garfield
- Subdivision: Townsite of Rifle
- Driving Directions: From I-70 go into downtown Rifle, take a left at 3rd st and building is on the left halfway down the block
Utilities
- Water: Public
Structural Information
- Roof: Membrane
- Square Feet: 2,538
- Year Built: 1918
- Property Condition: Good
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,580
- Zoning: Commercial
Financial Considerations
- Tax Amount: $4,639.6
- Tax Year: 2024
Disclosures and Reports
- Legal Description: SECTION: 16 TOWNSHIP: 6 RANGE: 93 SUBDIVISION: ORIGINAL TWNSTE. RIFLE BLOCK: M LOT: 17 THE W 3.64' OF LOT 16 3580 SQUARE FEET
- Property ID: 217716216007
Listed by eXp Realty LLC, Adam Whitt
Get Pre-Approved Today
Schools
Schools serving 119 W 3rd St
School District:Garfield School District Re-2
| Name | Grades | Distance |
|---|---|---|
Graham Mesa Elementary School 1575 Farmstead Parkway, Rifle, CO 81650 | PK-4 | 1.6 mi |
Rifle Middle School 753 Railroad Avenue, Rifle, CO 81650 | 5-8 | 0.3 mi |
Rifle High School 1350 Prefontaine Avenue, Rifle, CO 81650 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 119 W 3rd St
Date
Details
Price
Change
Source
1/20/2026
Listed
$699,000
64.47%
MLS
8/26/2022
Sold
$425,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 119 W 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,640
13%
$57,980
—
2023
$4,091
-1%
$57,980
18%
2021
$4,120
11%
$49,210
—
2022
$3,709
-18%
$49,210
-16%
2020
$4,517
2%
$58,730
-1%
2018
$4,443
10%
$59,580
—
2017
$4,037
15%
$59,580
3%
2016
$3,498
8%
$58,030
—
2015
$3,247
-24%
$58,030
-1%
2019
$4,287
28%
$58,730
-1%
2014
$3,349
1%
$59,450
—
2013
$3,324
—
$59,450
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 119 W 3rd St
119 W 3rd Street, Rifle, CO 81650 (MLS# 191406) is a Commercial property. 119 W 3rd Street is currently listed for $699,000 and was received on February 13, 2026. Want to learn more about 119 W 3rd Street? Do you have questions about finding other Commercial real estate for sale in Rifle? You can browse all Rifle real estate or contact a Coldwell Banker agent to request more information.
