115 Main St Hulett, WY 82720
This exceptional opportunity presents the chance to acquire the renowned Ponderosa Cafe & Bar, a thriving establishment nestled in the charming town of Hulett, Wyoming. Situated at 115 Main St, 82720, this iconic bar boasts a prime location at the foothills of the Black Hills National Forest, just minutes from the majestic Devils Tower National Monument. The 4,058 square foot building, constructed in 1925 and zoned C-1, sits on a 0.16-acre lot and includes 10 parking spaces. Currently operating at 100% occupancy, this multi-unit property offers a large dining area, an expanded bar featuring Cowboy Skills Games, and a covered patio complete with its own bar and additional pop-up bar capabilities. The Ponderosa benefits from high foot and vehicle traffic, attracting both locals and tourists, including motorcycle and car enthusiasts traveling the scenic routes. A spacious basement provides ample storage. All equipment is included in the sale price of $499,950 ($123.20/sq ft). This turnkey operation is a proven success, enjoying a strong reputation and loyal customer base. The property's established presence and prime location make it an ideal investment for a discerning buyer seeking a profitable and well-regarded business in a picturesque setting. The current lease term is zero years, offering immediate ownership and operational control.
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
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Property description
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