319 Washington Ave Riverton, WY 82501
This exceptional investment opportunity encompasses two buildings totaling 14,500 square feet of net rentable space situated on a 0.8-acre lot in historic downtown Riverton, Wyoming. The property, zoned Riverton General Commercial, includes a main 5,000 square foot building featuring a large reception area, multiple offices, meeting rooms, and restrooms, plus a 2,500 square foot basement. A connected 7,000 square foot building (at 204 S. Broadway) offers additional space configured as a strip-style office building with smaller offices and a garage entrance. While the buildings require some renovation, their size, location, and zoning present significant potential for various commercial uses. The property boasts 21 parking spaces, two built-in safes, and a communications tower. Built in 1956, this property offers a unique chance to revitalize a substantial commercial space in a thriving downtown area. The asking price is $160,000.
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.