7436 Way State Hwy Evanston, WY 82930
This 3,662 sq ft restaurant, formerly "Hornets Nest," is a turnkey operation located at 7436 WY State Highway 89 in Evanston, Wyoming (zip code 82930). Completely renovated in 2022, this Class C property boasts a modern, full kitchen equipped with state-of-the-art appliances. The inviting dining room offers a warm atmosphere, complemented by outdoor seating perfect for seasonal dining. Ample parking ensures convenient access for patrons. Situated on a one-acre lot with high visibility and accessibility from Highway 89, this single-story building presents a strong investment opportunity. The asking price is $348,000 ($95.03/sq ft). The property is currently vacant and zoned for commercial use. Built in 1982, this is a chance to own a well-established location in a desirable area. The property offers a seamless blend of charm and modern amenities, attracting both locals and passersby. This is an ideal opportunity for an experienced restaurateur or a new entrepreneur looking to establish a thriving business in Evanston.
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
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.