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    101 Bridge Ave Saratoga, WY 82331

    Sponsored
    For Sale
    $1,750,000

    Wyoming's iconic landmark, profitable business.

    Property size:
    8,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a rare chance to acquire a thriving, historically significant property in Saratoga, Wyoming. The 8,040 square foot establishment, built in 1893, seamlessly blends its Victorian-era charm with modern amenities. Currently operating as a profitable restaurant, hotel, and bar, this one-unit building boasts 10 hotel rooms, each equipped with modern conveniences. The restaurant features an intimate dining atmosphere, a fresh daily salad bar, and is renowned for its prime rib dinners. The old-west themed bar offers a rustic ambiance, pool table, and a wide selection of beverages. Situated on a 0.26-acre lot with 30 parking spaces, the property is zoned Carbon-RB and enjoys a prime downtown location within walking distance of shopping, natural hot springs, and the North Platte River. This landmark, listed on the National Register of Historic Places, benefits from Saratoga's vibrant tourism, hosting various events throughout the year, including concerts, rodeos, and a major pool tournament. The property's long and rich history, combined with its current success as a well-established business, makes it an unparalleled investment opportunity. The asking price is $1,750,000.

    Property Features for 101 Bridge Ave

    General Information

    Property type
    Restaurants
    Square Feet
    8,040 SF

    Building Details

    Year Built
    1893
    Buildings
    1
    Units
    1

    HighLights

    • $1,750,000 Asking Price
    • 8,040 Square Foot Retail and Hospitality Property
    • 1‑Unit Building on a 0.26‑Acre Lot with 30 Parking Spaces
    • Built in 1893, Located at 101 E Bridge Ave, Saratoga, WY 82331
    • Carbon‑RB Zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Saratoga
    County
    Carbon
    State
    Wyoming
    Longitude
    -106.8074675
    Latitude
    41.4545483

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    FAQs

    What type of property is this?
    Restaurant - Wyoming's iconic landmark, profitable business.
    Where is this restaurant located?
    The property is located at 101 Bridge Ave Saratoga, WY.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: $1,750,000 Asking Price; 8,040 Square Foot Retail and Hospitality Property; 1-Unit Building on a 0.26-Acre Lot with 30 Parking Spaces
    Request Owner's contact information
    101 Bridge Ave Saratoga, WY 82331
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    Saratoga, WY 82331
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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.

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    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
    101 Bridge Ave Saratoga, WY 82331
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