283 Main St Thayne, WY 83127
This exceptional commercial property at 283 N MAIN in Thayne, Wyoming, presents a unique investment opportunity. The 0.75-acre lot encompasses two adjacent parcels, providing ample space for the existing business and potential expansion. The main structure, a completely remodeled (2019) steakhouse and bar known as Dad's Bar and Steakhouse, is a beloved local landmark operating since the 1930s. The building boasts 5,544 square feet of space, comfortably accommodating 40 seated diners in the restaurant and 80 patrons in the bar area. Additional features include a spacious deck, a dance floor, a stage for live entertainment, and a large parking lot. The property also includes a valuable upstairs apartment with two bedrooms and one bathroom. A significant asset is the included Bar and Grill liquor license, ensuring a seamless transition for the new owner. This turnkey operation offers the chance to own a piece of Star Valley history and continue the legacy of a thriving, well-established business in the heart of downtown Thayne. The property's prime location and extensive amenities make it an ideal investment for an experienced restaurateur or a savvy commercial investor seeking a high-return opportunity in a desirable Wyoming community. The zip code is 83127.
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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No recorded transactions found for this property.
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