Live-Work or Rental Potential: Rangely Ranch with Commercial Bonus
302 W Main Street, Rangely, CO 81648
This unique offering features an 880-square-foot residential ranch home that provides a versatile lifestyle or investment opportunity in a high-visibility location. Positioned just off N. Sunset Ave on a generous 0.37-acre corner lot, this home is grandfathered for single-family residential use despite its prime commercial zoning.
The Residence
Built in 1950, this 2-bedroom, 1-bathroom home is an ideal setup for employee housing, a steady rental property, or a private residence paired with your business.
Interior Layout: Features a functional 180 sq. ft. living room and a dedicated laundry room.
Kitchen: An eat-in dining area equipped with an oven, range, and refrigerator.
Comfort: Utilizes natural gas and radiant heating.
Inclusions: The sale includes the washer, dryer, and primary kitchen appliances.
The Commercial Edge
While the home offers a private retreat, the property's true strength lies in the accompanying 3,080-square-foot commercial building fronting Highway 64.
High Visibility: Benefit from high-traffic Main Street frontage, perfect for business exposure.
Proven Infrastructure: Previously utilized as a restaurant, the commercial space includes a kitchen, two banquet halls, and a covered patio.
Ample Parking: The property features a paved parking lot to accommodate clients or residents.
Versatile Opportunities
Whether you are looking to live where you work or seeking a dual-income investment, this property's mixed-use potential is unmatched in the area. Expand an existing venture or launch a new business right from your doorstep.
For sale
$195,000
302 W Main St, Rangely, CO 81648
2beds
880sqft
Single Family Residence
Built in 1946
0.37 Acres Lot
$-- Zestimate®
$222/sqft
$-- HOA
What's special
Dedicated laundry roomPaved parking lotHigh-traffic main street frontageCovered patioEat-in dining area
- 64 days |
- 95 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Todd Ambrose 970-404-1424,
eXp Realty LLC
Source: AGSMLS,MLS#: 192613
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Radiant, Natural Gas
Cooling
- None
Appliances
- Laundry: Inside
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 880
- Total interior livable area: 880 sqft
Property
Lot
- Size: 0.37 Acres
Details
- Parcel number: 139302104001
- Zoning: Mixed Use Res & Comm
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Other, Frame
- Roof: Composition
Condition
- Poor
- New construction: No
- Year built: 1946
Utilities & green energy
- Water: Public
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Subdivision: Townsite of Rangley
Location
- Region: Rangely
Financial & listing details
- Price per square foot: $222/sqft
- Tax assessed value: $74,570
- Annual tax amount: $2,095
- Date on market: 4/30/2026
- Listing terms: New Loan,Cash
- Inclusions: Dryer, Oven, Refrigerator, Washer, Range
Estimated market value
Not available
Estimated sales range
Not available
$1,502/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Listed for sale | $195,000-26.4%$222/sqft |
Source: AGSMLS #192613 Report a problem | ||
| 4/13/2026 | Listing removed | $265,000$301/sqft |
Source: AGSMLS #186291 Report a problem | ||
| 4/16/2025 | Price change | $265,000-3.6%$301/sqft |
Source: AGSMLS #186291 Report a problem | ||
| 1/13/2025 | Price change | $275,000-3.5%$313/sqft |
Source: AGSMLS #186291 Report a problem | ||
| 12/12/2024 | Listed for sale | $285,000+533.3%$324/sqft |
Source: AGSMLS #186291 Report a problem | ||
| 9/29/1997 | Sold | $45,000$51/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,482 -30.2% | $17,650 |
| 2023 | $2,124 +6.6% | $17,650 -36.9% |
| 2022 | $1,993 +5.7% | $27,970 +5.9% |
| 2021 | $1,885 +6.4% | $26,420 |
| 2020 | $1,771 | $26,420 |
| 2019 | $1,771 +7.8% | $26,420 +0.7% |
| 2018 | $1,643 -10.3% | $26,240 |
| 2017 | $1,831 | $26,240 -6.4% |
| 2016 | $1,831 +14.9% | $28,030 |
| 2015 | $1,594 | $28,030 -2.8% |
| 2014 | $1,594 | $28,830 |
| 2013 | -- | $28,830 -9.5% |
| 2012 | -- | $31,870 |
| 2011 | -- | $31,870 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 81648
Nearby schools
GreatSchools rating
- 6/10Parkview Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Rangely Junior/Senior High SchoolGrades: 6-12Distance: 0.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Colorado
- Rio Blanco County
- Rangely
- 81648
- 302 W Main St




