719 E Main Street,Rangely, CO 81648
Rangely, CO 81648
Description
Powell Liquor Company is more than just a business!!!!! It is an opportunity to own a thriving piece of Rangely's Main Street while stepping into a business that has already been revitalized and positioned for continued success. This long-standing, family-owned liquor store has been thoughtfully remodeled, refreshed, reorganized, and modernized, creating a bright, welcoming, and efficient retail experience that is ready for its next owner. THIS IS NOT A DISTRESSED SALE, nor is it being offered because the business is struggling. The current owners invested the time, energy, and capital to bring Powell Liquor Company back to life by upgrading the store, installing new coolers, improving operations, updating POS systems, expanding inventory, enhancing the customer experience, and building a business with strong community support. Now, with the heavy lifting complete, the stage is set for a new owner to continue the momentum. Situated on two separately platted lots with excellent Main Street frontage, alley access, ample on-site parking, and outstanding visibility, the property occupies one of the first commercial locations travelers encounter when entering Rangely from the east. The building features an inviting retail showroom, dedicated wine room, multiple walk-in and display coolers, storage areas, office/work space, updated fixtures, shelving, and established operating infrastructure. Inventory typically ranges between approximately $40,000-$50,000 depending on the time of year and will be verified separately. The balance sheet reflects inventory of approximately $47,173 as of May 31, 2026. One of the most exciting features of this opportunity is the existing side service/window area with the potential to become the ONLY liquor store drive-through in Rangely, subject to final local and state approvals. That unique convenience factor could create a significant competitive advantage and provide additional opportunities for future growth. Seller-provided financials indicate a conservative seller-adjusted CAP rate of over 10%, with financial information available to qualified buyers upon execution of a Non-Disclosure Agreement. The hard work has already been done. Now it is your opportunity to own the land, the building, the business, and the future of one of Rangely's most recognizable Main Street businesses.
Details
| MLS # | 20263308 |
|---|---|
| Listing Type | For Sale |
| Style | Building |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 55 |
| Listing Provided By | REED REAL ESTATE GROUP, LLC | THE JOE REED TEAM |
Features
| Zoning | Commercial |
|---|
Taxes
| Tax Annual Amount | 1542 |
|---|
Area Information
| State | CO |
|---|---|
| County | Rio Blanco |
| City | Rangely |
| Zip Code | 81648 |
| Area | Rangely |
| Listing VS Median (in 81648) | |
Price: $425,719 low | high Med: $297,500 On site: 55 low | high Med: 154.5 | |
Market Activity 81648
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CO |
|---|---|
| County | Rio Blanco |
| City | Rangely |
| Zip Code | 81648 |
| Area | Rangely |
| Listing VS Median (in 81648) | |
Price: $425,719 low | high Med: $297,500 On site: 55 low | high Med: 154.5 | |
