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Property profile & analytics
FOR SALE
Turn key restaurants

309 Cedar St Rawlins, WY 82301

1,500 SF 0.24 ac lot Built 1907
Individually Owned 20-yr Hold ~ Est. High Equity
Property ID
US95-0057645
Property summary
AI-generated overview

This exceptional turnkey restaurant opportunity is located at 309 Cedar Street in Rawlins, Wyoming. The property boasts a spacious 3,000 square foot building situated on a conveniently sized 0.24-acre lot, providing ample space for both indoor dining and potential outdoor seating. The existing infrastructure is ready for immediate operation, eliminating the need for extensive renovations or build-outs, saving significant time and capital for the new owner. The prime location in Rawlins ensures high visibility and accessibility for customers. This presents a unique chance to acquire a well-established business with a proven track record, or to implement your own culinary vision in a thriving community. The asking price of $565,000 reflects the value of the property, its existing operational status, and its potential for future growth. All interested parties are encouraged to conduct their own due diligence to fully assess the opportunity. This is an exceptional chance to own a successful restaurant in a desirable location. Serious inquiries only. The property is being sold as-is. Further details are available upon request. Don't miss this chance to own a piece of Rawlins' vibrant culinary scene.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1907
Total area 1,500 SF
Lot 0.24 ac (10,494 SF)
APN 21871742701000
UPID US95-0057645
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
Current use
Occupant on record · Public records
  • Shogunz Pizzeria & Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lavonn M Kulmus · 20 yrs held
Lavonn M Kulmus
since 2006
4 recorded transactions
2021
Price N/A
2016
Price N/A
2016
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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