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    1115 Obie Sue Ave Worland, WY 82401

    For Sale
    $400,000

    Prime Commercial Space, 11,492 SF

    Property size:
    11,492 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional mixed-use building, located at 1115 Obie Sue Ave in Worland, Wyoming, presents a unique investment opportunity. Spanning 11,492 square feet on a sizable 23,240 square foot corner lot, this 1953-built property offers remarkable versatility. Currently generating income through rentals for jujitsu classes, a childcare facility, and event hosting (weddings and parties), the building's adaptable layout includes a spacious open gym area ideal for fitness classes or community events, a full kitchen suitable for catering or food-related businesses, and numerous rooms perfect for offices, meeting spaces, or storage. Six bathrooms ensure ample convenience. The property benefits from a recently updated certified commercial fire system and a new furnace system utilizing three units and individual mini-splits in each room. A fenced yard enhances security and privacy. Situated in the 82401 zip code, this property is priced at $400,000 and represents a compelling chance for entrepreneurs, investors, or anyone with a vision for a thriving commercial venture in Worland. The property is being sold as a building only.

    Property Features for 1115 Obie Sue Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    11,492 SF

    Building Details

    Year Built
    1953

    HighLights

    • 11,492 SF mixed‑use building on a 23,240 SF corner lot in Worland, WY (82401).
    • Currently generating income from jujitsu classes, childcare, and event rentals.
    • Features a large open gym area, full kitchen, numerous rooms, and six bathrooms.
    • Recently updated fire system and new three‑unit furnace system with individual mini‑splits.
    • Fenced yard; priced at $400,000; building only.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sovereign Grace Bible ... Church One Oak Activity ... Banquet Hall

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Worland
    County
    Washakie
    State
    Wyoming
    Longitude
    -107.9535076
    Latitude
    44.0130916

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Commercial Space, 11,492 SF
    Where is this mixed-use property located?
    The property is located at 1115 Obie Sue Ave Worland, WY.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 11,492 SF mixed-use building on a 23,240 SF corner lot in Worland, WY (82401).; Currently generating income from jujitsu classes, childcare, and event rentals.; Features a large open gym area, full kitchen, numerous rooms, and six bathrooms.
    Request Owner's contact information
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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
    1115 Obie Sue Ave Worland, WY 82401
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