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Property profile

319 Washington Ave Riverton, WY 82501

OFF-MARKET
Retail properties & Spaces
14,500 SF 0.8 ac lot Built 1956
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1956
Total area 14,500 SF
Lot 0.8 ac (34,848 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

319 Washington Ave Riverton, WY 82501
Riverton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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