Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    283 Main St Thayne, WY 83127

    For Sale
    $1,495,000

    Historic Business, Prime Location, High Revenue

    Property size:
    5,544 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    Dad's Bar and Steakhouse, a Thayne, Wyoming landmark operating since the 1930s, presents a unique investment opportunity. This completely remodeled (2019) establishment offers a vibrant atmosphere perfect for dining, socializing, and entertainment. The spacious interior comfortably seats 40 in the dining area and an additional 80 in the bar area. A large deck expands the seating capacity further, complementing the dance floor and stage area, which hosts nightly live bands. The sale includes the existing Bar and Grill liquor license, ensuring a seamless transition for the new owner. The property encompasses a generous 0.75 acres, comprised of two adjacent lots, providing ample parking for patrons. Adding to the appeal is a two-bedroom, one-bathroom apartment located upstairs, offering additional living space or potential rental income. The 5,544 square foot building is situated in the heart of downtown Thayne, guaranteeing high visibility and accessibility. This is a chance to acquire a thriving business with a rich history and strong community ties, representing a significant investment in a prime location within Star Valley. The property's combination of established clientele, prime location, and versatile space makes it an exceptional opportunity for a savvy investor seeking a turn-key operation with significant growth potential.

    Property Features for 283 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,544 SF
    Lot Size
    32,670 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Building Supply Law Firm Kitchen & Bath Storage Facility Accounting Firm HVAC Service Cafe & Coffee Shop Computer & Electronic Repair Smoke and Vape Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Thayne
    County
    Lincoln
    State
    Wyoming
    Longitude
    -111.0025
    Latitude
    42.92036

    Nearby Comparable

    • New
      $720,000
      2,165 SF

      Spacious Duplex in Thayne, WY

      Two 3-bedroom units with fenced backyard, ideal for investors.
      185 Franklin Ave, Thayne, WY 83127
      View Details
    • $299,000
      5.20 Acres

      5.2 Acres in Thayne, Wyoming

      5.2-acre lot with mountain and valley views near town.
      Rayco Dr, Thayne, WY 83127
      View Details

    Nearby Similar for Sale

    • New
      $720,000
      2,165 SF

      Spacious Duplex in Thayne, WY

      Two 3-bedroom units with fenced backyard, ideal for investors.
      185 Franklin Ave, Thayne, WY 83127
      View Details
    • $850,000
      1,933 SF

      Prime Thayne Commercial Building

      Thriving Restaurant, High Growth Area
      130 Hwy 89, Thayne, WY 83127
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Historic Business, Prime Location, High Revenue
    Where is this commercial real estate located?
    The property is located at 283 Main St Thayne, WY.
    What is the asking price?
    The asking price for this property is $1,495,000.
    (307) 733-9009
    Request Owner's contact information
    283 Main St Thayne, WY 83127
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    283 Main St
    Thayne, WY 83127
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    283 Main St Thayne, WY 83127
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.