1501 S 3Rd St Laramie, WY 82070
For Sale
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This exceptional turn-key restaurant presents a unique investment opportunity in Laramie, Wyoming. Strategically located just north of the Interstate 80 and U.S. Highway 287 interchange, this property boasts unparalleled visibility at the southern entrance to the city. The building underwent a complete remodel in 2019/2020, ensuring all systems and fixtures are essentially brand new. The 1760-square-foot space sits on a sizable 0.38-acre lot, providing ample parking for customers. The restaurant's design caters to both dine-in and drive-thru patrons, maximizing potential revenue streams. Its prime street frontage location guarantees high traffic and excellent exposure to potential customers. The property is offered for sale at $990,000. This is an exceptional chance to acquire a fully operational, modern restaurant in a high-traffic area with significant growth potential. The combination of convenient location, recent renovations, and versatile design makes this a truly compelling investment. All equipment and fixtures are included, making this a truly turn-key operation ready for immediate occupancy. Don't miss this opportunity to own a thriving business in a desirable Wyoming location.
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Fernandito’s Mexican Grill Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.