162 6Th StLander, WY 82520

  • Retail properties
  • 4,145 SF
For Sale
$1,100,000 View listing

Property Details for 162 6Th St

Year built
1993
Lot size
0.34 AC
Property size (Sq ft)
4,145 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
10-3399-18-2-36-005.00
APU
1033991823600500

Description

This exceptional restaurant opportunity is located at 162 N 6th Street in the vibrant city of Lander, Wyoming. The property boasts a substantial 4,145 square feet of space, perfectly suited for a thriving culinary business. Situated on a 0.34-acre lot, the location offers excellent visibility and accessibility for customers. The asking price for this turnkey operation is $1,100,000. The property's size and prominent location within Lander make it an ideal investment for experienced restaurateurs looking to establish or expand their presence in a growing market. The existing infrastructure provides a solid foundation for immediate operation, minimizing upfront investment and maximizing return. The 0.34-acre lot offers potential for outdoor seating or expansion, depending on local zoning regulations. This is a rare chance to acquire a well-positioned, established restaurant in a desirable Wyoming community. The property's strong location and substantial square footage present a compelling opportunity for significant growth and profitability. Serious inquiries are encouraged to explore this exceptional investment prospect further. Detailed financial information and operational data are available upon request. Don't miss this chance to own a piece of Lander's thriving culinary scene.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,352,841
    6.5%
    $1,248,776
    7%
    $1,159,578
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,641,026
    Geo Method
    $862,999
  • Alternative Use

    Use
    Valuation
    Residential
    $1,053,389
    Hospitality
    $964,899
    Educational
    $802,785
    Medical
    $830,394
    Retail
    $1,248,776
162 6Th St, Lander, Wyoming
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Location Insight

City
Lander
County
Fremont
State
Wyoming
Latitude
42.8351
Longitude
-108.737
CBSA code
40180
CBSA name
RIVERTON, WY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$4,524
$7,838
$52,553
$60,391
-
$82,502
$553,190
$635,692

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