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    115 N Laramie Ave Fort Laramie, WY 82212

    Sponsored
    For Sale
    $375,000

    Restaurant Building - Fort Laramie, WY

    Lot size:
    0.32 Acres
    Days on Market:
    80
    Last Refresh:
    Feb 8 at 3:06 am

    Property Features for 115 N Laramie Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Interior features
    Security System, Restrooms, Kitchen Area
    Lot size
    0.32 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1910
    Building materials
    Block, Concrete, Wood Siding
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Julianne Rogers
    Julianne Rogers

    307 Realty Professionals (307) 575-2980

    Listing agent Julianne Rogers (307) 575-2980 License #RE-15682

    Listing date Nov 21, 2025

    MLS# 20256110 Listing URL

    Copyright © 2026 Wyoming Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Turnkey Restaurant in Fort Laramie

    Located in Fort Laramie, Wyoming, this turnkey business opportunity features a transferable liquor license and a prime location. The property, known as THE FORT Bar & Grill, serves as a central hub for the local farming and ranching community and attracts tourists visiting nearby historic sites. The property includes an outdoor covered patio with heaters, lights, fans, a fire table, bar-top picnic tables, and patio seating. The commercial kitchen is equipped with a walk-in cooler and a walk-in freezer. A 3-car garage with alley access offers potential for additional rental income or storage. An RV hookup includes 50-amp service, water, and sewer. Ample indoor and outdoor seating accommodates events and gatherings. THE FORT hosts numerous community events, such as poker runs, coyote hunts, dart leagues, and seasonal gatherings. The sale includes all furniture, fixtures, and equipment. Situated just one-half block off Highway 26 and 3 miles from Fort Laramie National Historic Park, the property benefits from high visibility and accessibility. Nearby attractions include the Oregon Trail Ruts, Register Cliffs, the Platte and Laramie Rivers, Guernsey Lake, and Greyrocks Reservoir. The property occupies a 0.32-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vickie’s Saloon Bar & Pub Fort Laramie Bar ... Bar & Pub Flea Market (Bike/Boat/Book/etc) Store

    Suggested Use

    Department Store Hair Salon HVAC Service Grocery & Convenience Store Cafe & Coffee Shop Clothing & Fashion Store Auto Repair Shop Daycare Center Restaurant Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Laramie
    County
    Goshen
    State
    Wyoming
    Longitude
    -104.51741342328
    Latitude
    42.213237496955

    Nearby Similar for Sale

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    • $160,000
      0.96 Acres

      Historic Church Property in Wyoming

      Unique property with historic charm and endless possibilities in Fort Laramie.
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    • $375,000
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      THE FORT Bar & Grill

      Wyoming Turnkey Business Opportunity
      115 N Laramie Ave, Fort Laramie, WY 82212
      View Details

    FAQs

    What type of property is this?
    Restaurant - Thriving restaurant and bar with transferable liquor license for sale.
    Where is this restaurant located?
    The property is located at 115 N Laramie Ave Fort Laramie, WY.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Turnkey business opportunity with transferable liquor license.; - Prime location in the heart of Fort Laramie, near Highway 26 and Fort Laramie National Historic Park.; - Ample indoor and outdoor seating with a covered patio featuring heaters, lights, fans, and a fire table.
    (307) 575-9024
    Request Owner's contact information
    115 N Laramie Ave Fort Laramie, WY 82212
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    Fort Laramie, WY 82212
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 N Laramie Ave Fort Laramie, WY 82212
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    We can help!
    Listing Contact
    Julianne Rogers
    Julianne Rogers
    Real Estate License ID: RE-15682
    (307) 575-9024
    Learn more
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