101 Brg Ave Saratoga, WY 82331
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.
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.