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Retail Space with Attached Apartment
For Sale
$299,114

114 Steele Ave, Rangely, CO 81648

Operating laundromat with an attached apartment, customer area, equipment, and additional flex space.

Property SizeContact for details
Days on Market10

Property Features for 114 Steele Ave

General Information

Standard status Active

Additional Details

Business Included Yes
Drive-In Doors 1

Taxes and HOA fees

Annual Taxes $2,281

Amenities

bright customer area
multiple washer and dryer sizes
convenient service access
abundant off-street parking
attached two-bedroom one-bath apartment
large middle flex space with concrete floor and overhead garage door
Listing Agency: REED REAL ESTATE GROUP, LLC
Listed By: THE JOE REED TEAM
Source: Exprealty
Added: Aug 12 Changed: Aug 20 Last Checked: Aug 20 at 10:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REED REAL ESTATE GROUP, LLC

Investment Insights

Based on property information with market context.

This retail property combines an operating laundromat, attached residential space, and a middle flex area. The laundromat includes multiple washer and dryer sizes, a customer-facing area, rear service access behind the equipment, boiler and mechanical systems, furnishings, fixtures, and related operating equipment. The sale includes the established Fresh Express Laundry business and business name, subject to the final purchase agreement.

The attached two-bedroom, one-bath apartment has a full kitchen, living area, tiled bathroom, private residential space, and no carpet. A separate flex area provides a concrete floor and overhead garage door, with potential uses subject to zoning and required approvals. The property also offers a large lot and off-street parking at 114 Steele Ave in Rangely. Seller has 2025 operating records for the laundromat and apartment available to qualified buyers upon request.

Key Highlights

  • Operating Fresh Express Laundry business with washers, dryers, fixtures, furnishings, and business name included
  • Attached two‑bedroom, one‑bath apartment with full kitchen, living area, tiled bathroom, and no carpet
  • Middle flex space with concrete floor and overhead garage door

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby

Demographics for 81648, CO

2,677
Population
1,351
Households
2
Avg Household Size
35
Median Age
17%
College-Educated
93%
High-School Grad
1,085.7 sq mi
ZIP Area
2
Density / Sq Mi
$75,482
Median Household Income
$37,656
Median Earnings
$774
Median Rent
$199,300
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Operating laundromat with an attached apartment, customer area, equipment, and additional flex space.
Where is this retail space located?
The property is located at 114 Steele Ave Rangely, CO.
What is the asking price?
The asking price for this property is $299,114.
What are key features of this property?
This property features: Operating Fresh Express Laundry business with washers, dryers, fixtures, furnishings, and business name included; Attached two‑bedroom, one‑bath apartment with full kitchen, living area, tiled bathroom, and no carpet; Middle flex space with concrete floor and overhead garage door
More about this property
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