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Property profile & analytics
OFF-MARKET
Turn key restaurants

628 Richards St Douglas, WY 82633-2844

12,419 SF 0.58 ac lot Built 1934
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US95-0209234
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-established motel, bar, and restaurant located at 628 E Richards St, Douglas, Wyoming, 82633. The property boasts a prime location on a high-visibility road, ensuring excellent exposure and accessibility. The 33,626 square foot complex comprises five buildings, built in 1948, and includes 41 units, offering significant potential for revenue generation. The property sits on a generous 1.74-acre lot, zoned B2, providing ample space for expansion or redevelopment. Mature landscaping enhances the property's curb appeal and contributes to its established presence within the community. The existing motel, bar, and restaurant operation provides a solid foundation for continued success, while the expansive lot size and zoning offer flexibility for future development, including potential conversion to retail spaces. This unique property presents a rare chance to acquire a well-established business with significant upside potential in a desirable location. The asking price is $1,600,000. This is a turnkey operation with significant potential for growth and diversification. The property's history as a community fixture adds to its inherent value and appeal. The B2 zoning allows for a variety of uses, making it an attractive investment for both seasoned operators and new entrepreneurs.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1934
Total area 12,419 SF
Lot 0.58 ac (25,200 SF)
APN 48481
UPID US95-0209234
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
5 Rivers INC · 1 yrs held
5 Rivers INC
since 2025
2 recorded transactions
2025
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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