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    120 3Rd St Lusk, WY 82225

    For Sale
    $414,000

    Established Restaurant, 2662 sq ft, $414,000

    Property size:
    2,662 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional turnkey restaurant opportunity is located at 120 E 3rd Street in Lusk, Wyoming. The property boasts a substantial 2,662 square feet of space, perfectly suited for a thriving food service business. The building is situated on a lot with no acreage, offering convenient access and minimal land maintenance. Priced competitively at $414,000, this represents a significant investment opportunity in a well-established community. The property is ready for immediate occupancy, allowing a new owner to seamlessly transition operations and capitalize on existing infrastructure. The existing layout is designed for efficient food preparation and service, with ample space for both front-of-house and back-of-house operations. This presents a unique chance to acquire a fully operational restaurant, eliminating the lengthy and often costly process of building from the ground up. The location in Lusk offers a stable customer base and potential for growth within the local market. Serious inquiries are encouraged to explore this promising commercial real estate venture. All interested parties should conduct their own due diligence to verify all aspects of the property and its suitability for their intended use. This is a rare chance to own a well-positioned restaurant in a desirable Wyoming town. Don't miss this opportunity to establish or expand your culinary business.

    Property Features for 120 3Rd St

    General Information

    Property type
    Restaurants
    Square Feet
    2,662 SF

    Building Details

    Year Built
    1965
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Toy Store Supermarket Furniture Store Women's Store Computer & Electronic Repair Veterinary Clinic Wine and Liquor Store Travel Agency Bed & Breakfast Arcade & Gaming Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lusk
    County
    Niobrara
    State
    Wyoming
    Longitude
    -104.4513
    Latitude
    42.76244

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    Nearby Similar for Sale

    • $110,000

      Multi-Unit A-Frame Investment Property

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    • New
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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, 2662 sq ft, $414,000
    Where is this restaurant located?
    The property is located at 120 3Rd St Lusk, WY.
    What is the asking price?
    The asking price for this property is $414,000.
    (307) 234-2385
    Request Owner's contact information
    120 3Rd St Lusk, WY 82225
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    Lusk, WY 82225
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    Realmo Value Estimation

    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.

    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.

    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
    120 3Rd St Lusk, WY 82225
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