For Sale
$1,600,000

628 Richards St Douglas, WY 82633

Profitable Wyoming Hospitality Business

Overview

Added:
Feb 3
Days on market:
73
This exceptional investment opportunity encompasses a thriving 41-room motel and a bustling restaurant and bar, both strategically located in Douglas, Wyoming. The motel, a historic landmark, offers 17,091 square feet of space on a 1.16-acre lot. Its 41 rooms cater to a diverse clientele, providing options from single-night stays to extended stays with kitchenettes, ensuring a comfortable experience for all travelers. High-speed Cat 5 internet access is available throughout the property, a key amenity for today's guests. Across the street, the accompanying restaurant and bar occupies a 0.58-acre lot and boasts 16,535 square feet of space, providing ample room for dining and entertainment. This combined property presents a unique opportunity to acquire a well-established and profitable hospitality business in a desirable location. The 24-hour operation of the motel and restaurant ensures consistent revenue streams. The substantial square footage of both buildings offers significant potential for expansion or diversification of services. This turnkey operation is ready for a new owner to continue its success and capitalize on the existing strong customer base. The property's size and location make it an ideal investment for those seeking a stable and profitable venture in the hospitality industry. The combined acreage provides ample space for potential future development or expansion of existing services. This is a rare opportunity to acquire a well-established and profitable business in a thriving community.

Property Details for 628 Richards St

Property type
Commercial real estate
Year Built
1948

Location Insight

City
Douglas
County
Converse
State
Wyoming
Latitude
42.74882
Longitude
-105.3805
628 Richards St, Douglas, Wyoming

FAQs

What type of property is this?
Commercial real estate - Profitable Wyoming Hospitality Business
Where is the commercial real estate located?
The property is located at 628 Richards St Douglas, WY.
What is the asking price?
The asking price for this property is $1,600,000.
How can I contact the broker?
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628 Richards St
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