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Corner Restaurant with Banquet Halls
For Sale
$195,000

302 W Main Street, Rangely, CO 81648

Commercial Sale, Rangely, CO

Property Size3,080 SF
Lot Size0.37 Acres
Price / SF$63.31
Days on Market137

Property Features for 302 W Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Subdivision Townsite of Rangley
Lot features Corner Lot
Directions property on the corner of N. Sunset and W Main st (aka Hwy 64)
Standard status Active
APN 139302104001
Size 3,080 SF
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SUBD HILDENBRANDT SUBDIVISION BLOCK 4 LOT 1,2,3 & 4,5,6
Tax Annual Amount 2095
Legal Description SUBD HILDENBRANDT SUBDIVISION BLOCK 4 LOT 1,2,3 & 4,5,6

Utilities

Water source Public

Amenities

covered patio

Building Details

Year built 1946
Building materials Frame
Roof type Metal
Listing Agency: eXp Realty LLC
Listed By: Todd Ambrose · License #100065972
Added: Apr 29 Changed: Sep 12 Last Checked: Sep 12 at 3:06PM
MLS# 192612

Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,080-square-foot commercial restaurant property at 302 W Main Street includes a commercial kitchen, two banquet rooms, and a covered patio. Built in 1946 with frame construction and a metal roof, the building is supported by central heating and air conditioning, natural gas, public water and sewer, and high-speed internet availability. The property is zoned Commercial.

A separate 2-bedroom, 1-bathroom home is included on the 0.37-acre site and is located off N. Sunset Ave. The paved parking area provides 21+ spaces. Highway 64 frontage and a corner position add direct roadway exposure, while the existing layout accommodates restaurant operations and the source information also identifies retail, office, mixed-use, hospitality, and bar-service possibilities under the zoning.

Key Highlights

  • 3,080‑square‑foot commercial building constructed in 1946
  • Commercial kitchen, two banquet rooms, and covered patio
  • Separate 2‑bedroom, 1‑bathroom residential home included

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Big Box & Wholesale Store Garden Center

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby
17k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 89% Home Improvements & Furnishings 11%
Kum & Go Shops & Services
7,203 visits/mo 0.4 miles
Dollar General Shops & Services
3,280 visits/mo 0.3 miles
Loaf 'N Jug Shops & Services
2,486 visits/mo 0.3 miles
Rangely True Value Home Improvements & Furnishings
1,789 visits/mo 0.1 miles
Conoco Shops & Services
893 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial restaurant property with banquet rooms, covered patio, and a separate residential home.
Where is this conventional restaurant located?
The property is located at 302 W Main Street Rangely, CO.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 3,080‑square‑foot commercial building constructed in 1946; Commercial kitchen, two banquet rooms, and covered patio; Separate 2‑bedroom, 1‑bathroom residential home included
More about this property
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