114 Steele Street, Rangely, CO 81648-3129

Other
AUD $429,229
USD $299,114
Published on: 13 Aug 2026
Last updated on: 11 Sep 2026
114 Steele Street, Rangely, CO 81648-3129
114 Steele Street, Rangely, CO 81648-3129
114 Steele Street, Rangely, CO 81648-3129
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114 Steele Street, Rangely, CO 81648-3129
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Property ID: 110109794393
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CommercialSale, Rangely, CO

114 Steele Street, Rangely, CO 81648-3129
TURNKEY INCOME-PRODUCING BUSINESS AND REAL ESTATE OPPORTUNITY IN CENTRAL RANGELY! The asking price includes the commercial building, land, established Fresh Express Laundry business, all washers and dryers, boiler and mechanical systems, equipment, fixtures, furnishings, business name, goodwill, attached apartment, and related operating assets, subject to the final purchase agreement. Fresh Express Laundry is the ONLY laundromat serving Rangely and the corridor between Meeker, Colorado, Vernal, Utah, and Grand Junction, Colorado-creating an established customer base with extremely limited direct competition. Clean, well maintained, and in very good condition, this two-owner property has received numerous upgrades and is ready for continued operation. The laundromat features a bright customer area, multiple washer and dryer sizes, convenient service access behind the equipment, excellent visibility, a large lot, and abundant off-street parking. The attached two-bedroom, one-bath apartment creates an additional income stream and offers no carpet, a full kitchen, living area, tiled bathroom, and private residential space. The apartment has historically been easily rented. Seller has 2025 operating records showing positive combined income from the laundromat and apartment, creating attractive capitalization-rate potential at the current asking price. Financial information is available to qualified Buyers upon request. The large middle flex space adds even more opportunity with a concrete floor and overhead garage door. Expand the laundromat with additional machines, create a wash-and-fold or commercial laundry operation, use the space for storage or an owner workspace, or potentially operate an entirely separate business from the property, subject to zoning and required approvals. This property offers multiple existing income streams with significant opportunity for additional growth. Own the real estate, own the business, collect apartment income, and have room to expand-all from one turnkey property in the heart of Rangely. WATCH THE PROPERTY VIDEO TO EXPERIENCE THE LAUNDROMAT, APARTMENT, FLEX SPACE, AND FULL POTENTIAL OF THIS PROPERTY!

Property Details

Basic Info

Property Type
Other
Listing Status
Active
County
Rio Blanco
Provider
Grand Junction Area Association of Realtors
Brokerage Office Name
THE JOE REED TEAM
Brokerage Office Phone
970-270-7505
Neighbourhoods
Rangely
Address
114 Steele Street, Rangely, CO 81648-3129
Contact Agent
The Joe Reed Team
REED REAL ESTATE GROUP, LLC
PO BOX 446 , FRUITA, CO 81521
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The Joe Reed Team
PO BOX 446 , FRUITA, CO 81521
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      Property ID: 110109794393

      Original Property ID: 3yd-GJARACO-20263994
      Data provided by Grand Junction Area Association of Realtors, MLS #: 20263994
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      Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.