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Historic Bar and Restaurant Building
For Sale
$595,616

616 E Main St, Rangely, CO 81648

Extensively updated bar/restaurant building with full bar, multiple event areas, patios, and about 30 paved parking spaces.

Property SizeContact for details
Days on Market114

Property Features for 616 E Main St

General Information

Standard status Active
Total Parking Spaces 30

Taxes and HOA fees

Annual Taxes $4,104
Listing Agency: REED REAL ESTATE GROUP, LLC
Listed By: THE JOE REED TEAM · License #FA40042595
Source: Exprealty
Added: Jul 2 Changed: Oct 3 Last Checked: Oct 20 at 11:23PM

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

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Investment Insights

Based on property information with market context.

This iconic Main Street property, long known as the Ace High, has been extensively updated and renovated while preserving its historic character. The building includes original hardwood floors and rustic Western details with exposed wood accents, unique fixtures, and a full bar with a dance floor. Interior space features a large open seating and event area, a full kitchen, office/flex spaces, multiple entrances, male and female restrooms, and handicap-accessible entries and restroom features, plus a projection screen area.

Located directly on Main Street with both Main Street and side street access, the property offers approximately 30 paved parking spaces for guests and events. Outside, there are covered and uncovered patio areas. A detached two-car garage/storage building sits behind the main structure and can support additional operations or storage, subject to applicable approvals.

Key Highlights

  • Extensively updated bar/restaurant building at 616 E Main Street on Main Street with Main Street and side street access
  • Approximately 30 paved parking spaces plus covered and uncovered patio areas
  • Full bar and dance floor with large open seating/event area and projection screen area

Property Analytics

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Open Analytics

Current Use

The Gathering Place Hotel & Motel

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby
14k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 87% Home Improvements & Furnishings 13%
Kum & Go Shops & Services
7,203 visits/mo 0.2 miles
Dollar General Shops & Services
3,280 visits/mo 0.3 miles
Rangely True Value Home Improvements & Furnishings
1,789 visits/mo 0.4 miles
Conoco Shops & Services
893 visits/mo 0.4 miles
Outside Inn Shops & Services
622 visits/mo 0.5 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

Similar Off Market Nearby

  • Coaches Corner Bar and Grill — 35 Park St, Rangely, CO 81648
  • Main Street Pub — 707 E Main St, Rangely, CO 81648

Frequently Asked Questions

What type of property is this?
Bar & Pub - Extensively updated bar/restaurant building with full bar, multiple event areas, patios, and about 30 paved parking spaces.
Where is this bar & pub located?
The property is located at 616 E Main St Rangely, CO.
What is the asking price?
The asking price for this property is $595,616.
What are key features of this property?
This property features: Extensively updated bar/restaurant building at 616 E Main Street on Main Street with Main Street and side street access; Approximately 30 paved parking spaces plus covered and uncovered patio areas; Full bar and dance floor with large open seating/event area and projection screen area
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