Property profile

1936 State St Meeteetse, WY 82433

OFF-MARKET
Bars & Pubs
Property ID
US95-0294408
2,857 SF 0.16 ac lot Built 1917
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 1936 State St, Meeteetse, Wyoming 82433, presents a rare opportunity to own a piece of Wyoming history. The 2,857 square foot building, constructed in 1917 on a 7,000 square foot lot, boasts a rich history dating back to 1893. The centerpiece is a stunning 12-foot tall Brunswick-Balke-Collender bar, crafted from Rosewood and Cherrywood, valued at over $90,000. The property includes ample dining space, a dedicated band area, and a dance floor, creating a versatile venue ideal for a thriving bar and restaurant. All furniture, fixtures, and equipment are included in the asking price of $350,000, making this a truly turnkey operation. Recent electrical updates have been completed, and a coveted liquor license is in place. Meeteetse's prime location, a short drive from Cody and Yellowstone National Park, ensures a steady stream of visitors throughout the year. This property offers not only a profitable business venture but also a unique opportunity to own a piece of Wyoming's vibrant past. The property is zoned for mixed-use retail and is ready for immediate occupancy. This is a remarkable opportunity to own a well-established business in a picturesque Wyoming town.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1917
Construction FRAME
Total area 2,857 SF
Lot 0.16 ac (7,000 SF)
APN 17000100420000
UPID US95-0294408

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bar & Pub Restaurant
  • Film Production Television Studio

Location

1936 State St Meeteetse, WY 82433-9644
Meeteetse metro Census 965302
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

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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