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Restaurant Building on 1.23 Acres

900 Pronghorn Street, Casper, WY 82601

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For Sale

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3,982 SF restaurant on 1.23 acres with ample parking.

Type:Retail

Property size:

3,982 SF

Lot size:

1.23 Acres

Price / SF:

$247/SF

HighLights

+/- 3,982 sq. ft. restaurant with C‑4 zoning, allowing various commercial uses.
+/- 1.23 acre parcel with ample parking: 57 spaces (14.28 per 1,000 sq. ft.).
Equipped with walk‑in refrigerator, walk‑in freezer, and 4 kitchen hoods.
Available power: 3 phase 800 amp.
Seating capacity for 70 people.
Built in 2006.

We can help!

Listing Contact

Steve Sauter

For Sale

Contact for pricing

3,982 SF restaurant on 1.23 acres with ample parking.

Type:Retail

Property size:

3,982 SF

Lot size:

1.23 Acres

Price / SF:

$247/SF

Added:: Feb 5, 2026
Days on Market:: 128
Last Refresh:: Mar 17 at 1:14 pm

Property Features for 900 Pronghorn Street

General Information

Standard status: Active
Size: 3,982 SF
Lot size: 1.23 Acres
Property subtype: Retail

Building Details

Year Built: 2006

We can help!

Listing Contact

Steve Sauter

Listing agent Steve Sauter License #CA 01084092

Listing office Marcus & Millichap - Palo Alto

Listing date Feb 5, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Palo Alto

HighLights

+/- 3,982 sq. ft. restaurant with C‑4 zoning, allowing various commercial uses.
+/- 1.23 acre parcel with ample parking: 57 spaces (14.28 per 1,000 sq. ft.).
Equipped with walk‑in refrigerator, walk‑in freezer, and 4 kitchen hoods.
Available power: 3 phase 800 amp.
Seating capacity for 70 people.
Built in 2006.

Overview

This +/-3,982 sq. ft. restaurant is situated on a +/-1.23 acre parcel of land. It presents an opportunity for an owner/user or an investor looking to add value. The property is zoned C-4 (Highway Business), allowing for various permitted uses, including other QSR concepts or commercial tenants. The restaurant includes a walk-in refrigerator, a walk-in freezer, and four kitchen hoods, with available power of 3 phase 800 amp. The dining room has seating for 70 people and includes men's and women's private restrooms. There is abundant on-site parking with 57 spaces, which is 14.28 spaces per 1,000 sq. ft.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$75.5k	$18.96
− Vacancy	−$3.2k	−$0.80
EGI	$72.3k	$18.16
− OpEx	−$18.1k	−$4.54
NOI	$54.2k	$13.62

3,982 SF · lease $18.96/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$774.9K

$678.1K – $904.1K (±1% cap)

NOI $54,246 @ 7.0% cap · market cap 5.51%

Second Best

Retail

$505.6K

$442.4K – $589.8K (±1% cap)

NOI $35,389 @ 7.0% cap · market cap 3.59%

Theoretical Best

Office A

$889.1K

$777.9K – $1.04M (±1% cap)

NOI $62,234 @ 7.0% cap · market cap 6.32%

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

Property Profile Location Intelligence

Current Use by Public Records

Restaurants

Suggested Use

Location Insight

Map
Local Demand

City: Casper
County: Natrona
State: Wyoming
Longitude: -106.3361185
Latitude: 42.8492674

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For sale
Restaurants
WY
Casper
82601
900 Pronghorn Street

What type of property is this?

Restaurant - 3,982 SF restaurant on 1.23 acres with ample parking.

Where is this restaurant located?

The property is located at 900 Pronghorn Street Casper, WY.

What is the asking price?

The asking price for this property is $985,000.

What are key features of this property?

This property features: +/- 3,982 sq. ft. restaurant with C‑4 zoning, allowing various commercial uses.; +/- 1.23 acre parcel with ample parking: 57 spaces (14.28 per 1,000 sq. ft.).; Equipped with walk‑in refrigerator, walk‑in freezer, and **4 kitchen hoods**.