601 Broadway St Thermopolis, WY 82443

This exceptional Class A mixed-use property, located at 601 Broadway St, Thermopolis, WY 82443, presents a compelling investment opportunity. The 10,017 square foot building, constructed in 1999 and renovated in 2012, boasts a desirable storefront and traditional office layout, currently housing four tenants, including a credit-rated franchisee (Verizon Wireless). The building features 9,300 square feet of net rentable space, achieving a 75% occupancy rate and generating a strong net operating income (NOI) of $57,000, resulting in a 9.00% cap rate. The asking price is $745,000, translating to $74.37 per square foot. The property sits on an 8,400 square foot lot with 5 parking spaces and offers 8,400 square feet of air rights. Recent upgrades include a new metal roof (2022), high-efficiency furnaces with central air conditioning, updated flooring, paint, light fixtures, and bathrooms. The building's prime location at the only traffic light in Thermopolis ensures high visibility and traffic count, benefiting from its proximity to major highways and the popular Hot Springs State Park, attracting over 1.9 million visitors annually. This fee-simple ownership opportunity offers a net lease investment with multi-tenancy and a permitted CBD zoning. The property consists of one, two-story building with six units. This is a rare chance to acquire a well-maintained, high-income-generating commercial property in a thriving Wyoming location.