$1,290,000
856 E Main Street
Rangely, CO 81648
MLS# 177719
11504 sqft


856 E Main Street, Rangely, CO 81648
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Property Description
Do you dream of living in a small tourist town and owning a lodge? The Moosehead Lodge is a thriving small business in Rangely, Colorado. The owner's residence is nicely appointed for an owner that wants to live on the property and operate the lodge. Many areas of the property have been refreshed and upgraded recently as the current owner has worked to stabilize the business after purchasing from the prior owners in 2021. The Moosehead Lodge is a package of properties totaling 1.9 acres. There are 16 bookable rooms consisting of 7 cabins built in 2006 and 9 rooms in the main lodge building built in 1944. The separate owner's residence has 3 bedrooms, 3 bathrooms. All of the buildings combined have a total of 11,504 sqft of space. 12.8% Cap Rate.

Details
Maps
Location Info
Current Price: $1,290,000
Type: Commercial
Major Area: Rangely
Area: 20-Rangely
Asking Price: 1290000
Original List Price: 1400000
Street #: 856
Street Direction Pfx: E
Street Name: Main
Street Suffix: Street
City/Town: Rangely
State/Province: CO
Postal Code: 81648
Keywords Info
Total Building SqFt: 10,001 - 20,000
HOA Dues Y/N: No
Listing Info
Listing Date: 2022-12-19
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Glenwood Association
General Info
Sub/Loc: Townsite of Rangley
County: Rio Blanco
Legal: Many, contact listing agent
Zoning: Rangely
Lot SqFt: 82764
Nbr of Acres: 1.9
Levels: 2
Total SqFt: 11504
Business Name: Moosehead Lodge
Inventory: No
Parcel #: 139301100008
Year Built: 2006
Year Remodeled: 2022
Directions: From CO-139, turn left onto CO-64/Main St and go 0.7 miles. Property is on the right/north. Look for the Moosehead Lodge sign.
Financing Info
Metro Tax District: No
Taxes: 8211
Tax Year: 2020
Transfer Tax: No
Status Change Info
Status: Active
Property Features
Allowable Uses: Business w/RE; Hospitality; Hotel/Lodge; Single Family Res
Current Use: Motel
Construction: Frame
Condominiumized: No
Substructure: Slab
Roof: Composition Shingles
Condition: Good
Heating/Cooling: Central AC; Electric; Forced Air; Gas
Electric: Yes
Gas: Natural Gas
Sanitation: Sewer
Parking: 21 + Spaces; Parking Lot
Access: Paved
Extras: ADA Compliant; Employee Quarters; Landscaped; Sauna/Steam
Location Amenities: Gentle Topo; High Traffic Loc; High Visibility; Highway Access
Occupant: Owner Occupied
Documents on File: Survey/ILC
Water Rights: No
Mineral Rights: No
Terms Offered: Cash
Sign: No
Possession: DOD

Listing Office: Keller Williams Colorado West GJ

Last Updated: February - 26 - 2023

856 E Main Street, Rangely, CO 81648 - MLS# 177719
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.