Remax Country

101 Ray Avenue, Rifle, CO 81650 (MLS# 170204)


$885,000
101 Ray Avenue
Rifle, CO 81650
MLS# 170204
Status: Closed
6104 sqft


101 Ray Avenue, Rifle, CO 81650
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Property Description
This turnkey investment has recently gone through significant updating and is ready for the next owner. In addition to an existing client base, on site-staff and management, and a great location within the booming Western Slope, this property still has tons of potential. Featuring 19 rooms, manager quarters, reception area, commercial laundry facilities, and quonset hut, this property offers guests a clean and personalized experience. There is plenty of parking, two separate outdoor living areas and you're just off I-70 allowing easy access for guests who are passing through. For guests looking to explore nearby, you'll enjoy being just minutes to trails, hiking, golf, hunting, biking and more. This would be ideal for an owner/operator.

Details
Documents
Location Info
Current Price: $870,000
Type: Commercial
Major Area: Rifle
Area: 12-Rifle Proper
Asking Price: 885000
Original List Price: 985000
Street #: 101
Street Name: Ray
Street Suffix: Avenue
City/Town: Rifle
State/Province: CO
Postal Code: 81650
Keywords Info
Total Building SqFt: 5,001 - 10,001
Unit SqFt Range: Multiple Units
HOA Dues Y/N: No
Payment Per: Unknown
Listing Info
Listing Date: 2021-05-28
REO: No
Member Association: Glenwood Association
General Info
Sub/Loc: Bryton
County: Garfield
Legal: Section: 17 Township: 6 Range: 93 Subdivision: BRYTON SUB. Block: 4 Lot: 1 THRU:- Lot: 6
Zoning: Commercial
Lot SqFt: 38640
Nbr of Acres: 0.89
Total SqFt: 6104
Business Name: Western Star Inn
Inventory: Yes
Parcel #: 217717204001
Year Built: 1953
Directions: West of Rifle just off Frontage Road
Financing Info
Metro Tax District: No
Taxes: 10344.04
Tax Year: 2020
Transfer Tax: No
Status Change Info
Status: Closed
Under Contract Date: 2021-08-17
Proposed Close Date: 2021-09-17
Sold Date: 2021-09-17
Sold Price: $870,000
Sold Price Per/SF: 142.53
How Sold: Cash
Property Features
Allowable Uses: Hospitality; Hotel/Lodge; Income
Construction: Frame
Substructure: Slab
Roof: Metal
Condition: Good
Heating/Cooling: Electric; Gas
Electric: Yes
Gas: Natural Gas
Sanitation: Sewer
Owner Pays: Electric; Gas; Property Taxes; Sewer; Site Maintenance; Trash; Water
Parking: 21 + Spaces
Access: Paved
Extras: Employee Quarters; Fire Alarm; Furnished; Handicap Access; Kitchen Area; Landscaped; Laundry; Living Quarters; Management; Overhead Door(s); Restrooms; Security System; Smoke Detectors; Storage
Amenities: Front Desk; On-Site Management; Pets Allowed/Renter
Location Amenities: High Visibility
Current Use: Motel
Water Rights: No
Mineral Rights: No
Terms Offered: Cash
Sign: Yes
Possession: DOD

Listing Office: Roaring Fork Sotheby's GWS

Last Updated: September - 17 - 2021

101 Ray Avenue, Rifle, CO 81650 - MLS# 170204
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Copyright 2020 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.

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