Technical
Financial
Distress signals
Property profile

628 Richards St Douglas, WY 82633

OFF-MARKET
Turn key restaurants
Property ID
US95-0209234
12,419 SF 0.58 ac lot Built 1934
Entity Owned 1-yr Hold ~ Est. High Equity
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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

Location

628 Richards St Douglas, WY 82633-2844
Douglas metro Census 956400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2016
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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