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    130 Hwy 89 Thayne, WY 83127

    For Sale
    $850,000

    Thriving Restaurant, High Growth Area

    Property size:
    1,933 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 1,933 square foot commercial building presents a compelling investment opportunity in the heart of Star Valley, Wyoming. Situated on a 0.53-acre lot at 130 Hwy 89 Unit 130, Thayne, WY, this property boasts a strong, long-term lease with a successful Italian restaurant, ensuring consistent rental income. The building is well-maintained and benefits from the robust economic activity driven by outdoor recreation, proximity to National Parks, and significant tourism in the region. Star Valley is experiencing a period of remarkable growth, making this a particularly attractive investment. Its convenient location, just an hour from Jackson Hole and the greater Yellowstone area, and its placement along a scenic byway further enhance its appeal. The property's excellent tenant and rental income stream provide financial stability. For investors seeking a hands-off approach, property management services are available. This turnkey investment offers a blend of immediate return and significant long-term potential within a rapidly expanding market. The asking price is $850,000. Serious inquiries are encouraged.

    Property Features for 130 Hwy 89

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,933 SF
    Lot Size
    23,087 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Thayne
    County
    Lincoln
    State
    Wyoming
    Longitude
    -110.9811
    Latitude
    42.9507

    Nearby Comparable

    • $515,000
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      Thayne, WY Mixed-Use Land

      Income-generating property with well in fast-growing Thayne, Wyoming.
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    • $1,395,000
      77.72 Acres

      77 Acres Near Star Valley Ranch

      Flat, buildable land near Star Valley Ranch with development potential.
      Perkins Rd, Thayne, WY 83127
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    Nearby Similar for Sale

    • $1,495,000
      5,544 SF

      Iconic Thayne Steakhouse & Bar

      Historic Business, Prime Location, High Revenue
      283 Main St, Thayne, WY 83127
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Thriving Restaurant, High Growth Area
    Where is this commercial real estate located?
    The property is located at 130 Hwy 89 Thayne, WY.
    What is the asking price?
    The asking price for this property is $850,000.
    (307) 885-1001
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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
    130 Hwy 89 Thayne, WY 83127
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