115 Main St Hulett, WY 82720
- Retail properties
- 4,058 SF
- 0.16 lot acres
Current Use by Public Records
- Retail properties
Property Details for 115 Main St
- Year built
- 1925
- Lot size
- 0.16 lot acres
- Property size
- 4,058 SF
- Property type
- Retail properties
- Property subtype
- Bars
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hulett
- County
- Crook
- State
- Wyoming
- Longitude
- -104.6
- Latitude
- 44.6828