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Property profile & analytics
OFF-MARKET
Specialty properties

283 Main St Thayne, WY 83127

5,544 SF 0.75 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Total area 5,544 SF
Lot 0.75 ac (32,670 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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