449 Washington Unit 449 & 45 Afton, WY 83110
This exceptional commercial property at 449 & 451 S Washington in Afton, Wyoming, presents a unique investment opportunity. Boasting a total of 4,677 square feet on a 0.11-acre lot, this property is ideally situated in the heart of downtown Afton, directly adjacent to the renowned Elkhorn Arch. The main level offers a spacious, adaptable area perfect for a variety of commercial uses, ready for customization to suit your business needs. Adding to its versatility, a substantial 2100 square foot basement includes living quarters, providing potential for additional income generation through rentals, employee housing, or a live/work arrangement. A separate, smaller office space provides stunning views of the Elkhorn Arch, a major Afton landmark. The property benefits from the high foot traffic generated by nearby businesses, restaurants, and the popular Elkhorn Arch visitor destination. This location offers excellent visibility and accessibility. Furthermore, future town development plans include converting the adjacent building to the south into a public courtyard or breezeway, potentially further enhancing the property's value and appeal. Priced at $499,000, this property represents a compelling investment in a thriving Wyoming community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.