For Sale
$1,300,000

1290 Main St Lander, WY 82520

Iconic Wyoming Bowling Alley, Turnkey Operation

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional business opportunity presents the chance to acquire Silver Spur Lanes & Lounge, a well-established and profitable bowling alley located at 1290 Main St, Lander, Wyoming, 82520. Established in 1960, this iconic Fremont County landmark occupies a 0.9-acre lot and encompasses 13,276 square feet across two single-story buildings. The property features 12 bowling lanes, a fully licensed bar and lounge with a drive-thru liquor store, and an on-site snack bar, all contributing to consistent revenue streams. A full bowling league roster ensures year-round activity, supplemented by regular lounge clientele. The sale includes all fixtures, furniture, and equipment (FF&E), along with backup supplies, ensuring a seamless transition for the new owner. The property benefits from a robust security system with 19 cameras, smoke filters in the lounge, and recent upgrades including a new AC and furnace. The business also holds both on-premises and off-premises liquor licenses, opening up additional catering opportunities. This turnkey operation offers a strong 5.87% cap rate with a Net Operating Income (NOI) of $76,309 and an asking price of $1,300,000 ($97.92 per square foot). The property is zoned for commercial use and presents a unique blend of entertainment and investment potential within a thriving community. This is a rare opportunity to own a piece of Wyoming history and a successful, established business.

Highlights

  • Established in 1960, this iconic Fremont County bowling alley offers a turnkey operation.
  • Features a full on-premises liquor license, off-premises catering license, and a drive-thru liquor store.
  • Boasts a full bowling league roster and consistent snack bar and lounge income streams.
  • Includes all FF&E, backup equipment, and supplies.

Property Details for 1290 Main St

Property type
Commercial real estate
Square Feet
13,276 SF
Year Built
1960
Buildings
2
Stories
1
Lot Size (sq. ft)
39,204 SF
Units
1

Location Insight

City
Lander
County
Fremont
State
Wyoming
Latitude
42.83936592
Longitude
-108.74456095
1290 Main St, Lander, Wyoming

FAQs

What type of property is this?
Commercial real estate - Iconic Wyoming Bowling Alley, Turnkey Operation
Where is the commercial real estate located?
The property is located at 1290 Main St Lander, WY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Established in 1960, this iconic Fremont County bowling alley offers a turnkey operation.; Features a full on-premises liquor license, off-premises catering license, and a drive-thru liquor store.; Boasts a full bowling league roster and consistent snack bar and lounge income streams.
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1290 Main St
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