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    975 Broadway Jackson, WY 83001

    For Sale
    $8,800,000

    High-traffic restaurant, 10,185 sq ft

    Property size:
    10,185 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional restaurant property, located at 975 W Broadway Ave in Jackson, Wyoming, presents a rare investment opportunity. Boasting 10,185 square feet on a 1.58-acre lot, this established restaurant features two drive-thru lanes, providing significant operational advantages. Built in 2003, the property benefits from a CR-3 zoning designation, offering considerable development potential for expansion or adaptive reuse. The highway-front location ensures exceptional visibility and accessibility, with convenient proximity to downtown Jackson. The asking price is $8,800,000, translating to $864.02 per square foot. Ample parking is available, with 2.47 spaces per 1,000 square feet. Currently vacant, this property is ideal for owner-users seeking a high-profile location or long-term investors looking for a strong return. The absence of long-term leases provides flexibility for future development plans. This prime location and versatile zoning make this a truly unique opportunity in the thriving Jackson, Wyoming market. The property's size and features offer significant potential for a variety of commercial uses.

    Property Features for 975 Broadway

    General Information

    Property type
    Restaurants
    Square Feet
    10,185 SF
    Lot Size
    68,825 SF

    Building Details

    Year Built
    2003
    Units
    2

    HighLights

    • $8,800,000 asking price for this 10,185 SF retail restaurant property.
    • Located at 975 W Broadway, Jackson, WY 83001, this highway‑front property offers excellent visibility and proximity to downtown.
    • Features two drive‑thru lanes and development potential with CR‑3 zoning.
    • The 1.58‑acre lot provides 2.47 parking spaces per 1,000 sq ft.
    • Built in 2003, the property is currently vacant, presenting opportunities for owner‑users and investors.
    Property Profile Location Intelligence

    Current Use by Public Records

    ATM Atm Bank of Jackson Hole Bank

    Suggested Use

    HVAC Service Veterinary Clinic Cosmetics Store Pet Store Arcade & Gaming Center Pet Supply Store Pet Grooming Service Toy Store Dry Cleaner Tattoo & Piercing Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Teton
    State
    Wyoming
    Longitude
    -110.7853964
    Latitude
    43.4742942

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    FAQs

    What type of property is this?
    Restaurant - High-traffic restaurant, 10,185 sq ft
    Where is this restaurant located?
    The property is located at 975 Broadway Jackson, WY.
    What is the asking price?
    The asking price for this property is $8,800,000.
    What are key features of this property?
    This property features: $8,800,000 asking price for this 10,185 SF retail restaurant property.; Located at 975 W Broadway, Jackson, WY 83001, this highway-front property offers excellent visibility and proximity to downtown.; Features two drive-thru lanes and development potential with CR-3 zoning.
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    975 Broadway Jackson, WY 83001
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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
    975 Broadway Jackson, WY 83001
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