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Property profile & analytics
OFF-MARKET
Turn key restaurants

201 Washington Ave Riverton, WY 82501-4340

4,691 SF 0.48 ac lot Built 1979
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US95-0234540
Property summary
AI-generated overview

This exceptional turn-key restaurant opportunity in Riverton, Wyoming, is priced at $575,000. The 4,691 square foot building, situated on a 21,000 square foot lot, underwent a complete renovation between 2021 and 2023. Boasting a modern design with high ceilings, the spacious interior is perfect for a variety of dining concepts. The property includes a full retail liquor license. The kitchen features anti-fatigue flooring, a custom bar, updated electrical, plumbing, and ventilation systems, and a walk-in cooler with new insulation and cooling system. An exterior gas line allows for outdoor cooking options. Ample parking is available on-site and nearby. Located just one block from Main Street, this highly visible restaurant enjoys excellent accessibility and customer traffic. All existing inventory is included in the sale price, allowing for immediate operation. The building's permitted zoning is commercial, and it was originally constructed in 1979. This is a truly exceptional opportunity for a restaurateur seeking a modern, efficient, and inviting space ready for immediate success.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1979
Total area 4,691 SF
Lot 0.48 ac (21,000 SF)
APN 10-9114-34-1-25-003.00
UPID US95-0234540
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Norbert LLC · 9 yrs held
Norbert LLC
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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