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Property profile

101 Brg Ave Saratoga, WY 82331

OFF-MARKET
Retail properties & Spaces
8,040 SF Built 1893
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Year built 1893
Total area 8,040 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

101 Brg Ave Saratoga, WY 82331
Saratoga metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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