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    7436 State Highway 89 Evanston, WY 82930

    For Sale
    $333,000

    Turnkey Restaurant, High Visibility, Hwy 89

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional investment opportunity presents a fully renovated restaurant ideally situated on Highway 89 in Evanston, Wyoming. Recently updated and formerly known as the Hornets Nest, this property offers a unique blend of classic charm and modern functionality. The building sits on one acre of land, providing ample parking for patrons and convenient access for customers. The interior boasts a completely remodeled dining area, designed to create a warm and inviting atmosphere for diners. The kitchen is fully equipped with state-of-the-art appliances, ensuring efficient and effective food preparation. This turnkey operation is ready for immediate occupancy, eliminating the need for extensive renovations or upgrades. The outdoor seating area is perfect for expanding capacity during warmer months, adding to the overall appeal and potential revenue streams. High visibility from Highway 89 guarantees significant exposure to both local residents and travelers, ensuring a steady flow of potential customers. This is a rare chance to acquire an established restaurant in a desirable location, making it an attractive proposition for both experienced restaurateurs and ambitious entrepreneurs seeking a profitable venture. The property's prime location and recent renovations combine to create a compelling investment opportunity in the vibrant Evanston community.

    Property Features for 7436 State Highway 89

    General Information

    Property type
    Retail properties
    Lot Size
    43,560 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Building Supply Wholesale Shop Electrical Service Pawn Shop Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Evanston
    County
    Uinta
    State
    Wyoming
    Longitude
    -111.0099
    Latitude
    41.36584

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    FAQs

    What type of property is this?
    Retail property - Turnkey Restaurant, High Visibility, Hwy 89
    Where is this retail property located?
    The property is located at 7436 State Highway 89 Evanston, WY.
    What is the asking price?
    The asking price for this property is $333,000.
    (307) 679-5115
    Request Owner's contact information
    7436 State Highway 89 Evanston, WY 82930
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    Evanston, WY 82930
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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
    7436 State Highway 89 Evanston, WY 82930
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