339 Wasatch Rd Evanston, WY 82930-3098

This exceptional 62,370-square-foot mixed-use property in Evanston, Wyoming, presents a compelling investment opportunity. Currently operating as a 138-unit inn with a fully renovated restaurant and lounge, this three-story building sits on a 2.72-acre lot and boasts 140 parking spaces, including ample RV and truck parking. The property, built in 1982 and extensively renovated in 2023 and 2024, features a mix of queen, double, king rooms, suites, and employee apartments. The updated kitchen includes new equipment and an upgraded hood system. The restaurant (1766 sq ft) and lounge (2737 sq ft) areas are also recently remodeled and offer a modern feel. Guest amenities include coin-operated laundry. The property is zoned commercial and benefits from easy I-80 access, placing it ideally for conversion to extended-stay units or apartments, given the area's burgeoning growth and demand for affordable housing. The city is actively considering a zoning variance, further enhancing the property's potential. This property is located in an Opportunity Zone and holds a resort liquor license. The asking price is $3,950,000 ($63.33/sq ft). Additional features include a courtyard and a third floor with a sprinkler system. The property's proximity to major transportation routes and the anticipated growth spurred by nearby industrial development projects makes this a high-potential investment.