785 Main StLander, WY 82520

  • Retail properties
  • 2,590 SF
For Sale
$699,000 View listing

Property Details for 785 Main St

Year built
1978
Lot size
0.98 AC
Property size (Sq ft)
2,590 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
10-3399-20-2-00-048.00
APU
1033992020004800

Description

This exceptional restaurant opportunity is located at 785 E Main Street in the vibrant town of Lander, Wyoming. The property boasts a substantial 2,590 square feet of interior space, perfectly suited for a thriving culinary business. Situated on a generous 0.98-acre lot, the property offers ample room for outdoor seating, expansion, or additional development. The building's prime location on East Main Street ensures high visibility and accessibility for customers, placing it within a bustling commercial corridor. The asking price of $699,000 presents a compelling investment opportunity for experienced restaurateurs or those seeking to establish a new culinary venture in a thriving Wyoming community. The property's size and location offer significant potential for growth and profitability. This is a turnkey opportunity for immediate operation or a chance to customize the space to fit a unique vision. The substantial lot size provides flexibility for future expansion or outdoor amenities. The property's established presence on East Main Street in Lander guarantees high foot traffic and visibility, making it an ideal location for a successful restaurant. This is a rare opportunity to acquire a well-situated commercial property in a desirable Wyoming town. Serious inquiries are encouraged.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $845,318
    6.5%
    $780,294
    7%
    $724,558
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,650,236
    Geo Method
    $539,244
  • Alternative Use

    Use
    Valuation
    Residential
    $658,207
    Hospitality
    $602,914
    Educational
    $501,617
    Medical
    $518,869
    Retail
    $780,294
785 Main St, Lander, Wyoming
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Location Insight

City
Lander
County
Fremont
State
Wyoming
Latitude
42.8244
Longitude
-108.719
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
$2,729
$5,893
$30,539
$36,432
-
$62,035
$321,459
$383,494

FAQs

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