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    283 Main St Thayne, WY 83127
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    283 Main St, Thayne, WY 83127

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    • Commercial real estate
    • 5,544 SF
    • 0.75 lot acres
    Iconic Thayne Steakhouse & Bar For Sale
    $1,495,000
    5,544 SF

    Iconic Thayne Steakhouse & Bar

    Historic Business, Prime Location, High Revenue

    Star Valley Ranch, WY 83127
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    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 283 Main St

    Lot size
    0.75 lot acres
    Property type
    Commercial real estate

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Thayne
    County
    Lincoln
    State
    Wyoming
    Longitude
    -111.003
    Latitude
    42.9204
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