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Property profile & analytics
OFF-MARKET
Commercial real estate

283 Main St Thayne, WY 83127

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

Dad's Bar and Steakhouse, a Thayne, Wyoming landmark operating since the 1930s, presents a unique investment opportunity. This completely remodeled (2019) establishment offers a vibrant atmosphere perfect for dining, socializing, and entertainment. The spacious interior comfortably seats 40 in the dining area and an additional 80 in the bar area. A large deck expands the seating capacity further, complementing the dance floor and stage area, which hosts nightly live bands. The sale includes the existing Bar and Grill liquor license, ensuring a seamless transition for the new owner. The property encompasses a generous 0.75 acres, comprised of two adjacent lots, providing ample parking for patrons. Adding to the appeal is a two-bedroom, one-bathroom apartment located upstairs, offering additional living space or potential rental income. The 5,544 square foot building is situated in the heart of downtown Thayne, guaranteeing high visibility and accessibility. This is a chance to acquire a thriving business with a rich history and strong community ties, representing a significant investment in a prime location within Star Valley. The property's combination of established clientele, prime location, and versatile space makes it an exceptional opportunity for a savvy investor seeking a turn-key operation with significant growth potential.

Property profile
Verified
Property type Commercial real estate
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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