For Sale
$2,400,000

1054 Pine St Pinedale, WY 82941

43-key hotel, renovated 2023, prime location

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional 43-key hotel presents a lucrative investment opportunity in Pinedale, Wyoming. The 24,764 square foot property, built in 2008 and completely renovated in 2023, offers well-appointed rooms and is situated on a 1.14-acre lot with ample parking (45 spaces). Its C-1 zoning allows for a variety of uses. The hotel benefits from its strategic location near the Bridger-Teton National Forest, Fremont Lake, and the Museum of the Mountain Man, attracting a steady stream of tourists and outdoor enthusiasts. The property's proximity to dining and shopping options further enhances its appeal and ensures consistent occupancy. Approved by IHG for their Garner brand, this hotel offers the potential for increased revenue through the Garner brand's amenities (complimentary Wi-Fi, hot breakfast, 24/7 coffee service, etc.), convenient location, pet-friendly options, and IHG One Rewards loyalty program. The Garner brand is a midscale hotel option focusing on affordable, high-quality stays, and its global expansion presents further growth opportunities. Direct booking capabilities through IHG's website eliminate third-party booking fees, maximizing profitability. This three-story hotel represents a strong investment in a thriving hospitality market.

Highlights

  • 43-key hotel in Pinedale, Wyoming, approved for IHG's Garner brand.
  • 24,764 square foot building on a 1.14-acre lot with 45 parking spaces, built in 2008 and fully renovated in 2023.
  • C-1 zoning allows for multiple uses.
  • Prime location near Bridger-Teton National Forest, Fremont Lake, and Museum of the Mountain Man, attracting tourists and outdoor enthusiasts.
  • Benefits from IHG's Garner brand amenities (complimentary Wi-Fi, hot breakfast, 24/7 coffee service), pet-friendly options, and IHG One Rewards loyalty program, maximizing profitability through direct booking capabilities.

Property Details for 1054 Pine St

Property type
Hospitality properties, Hotels
Square Feet
24,764 SF
Year Built/Renovated
2008/2023
Stories
3
Lot Size (sq. ft)
49,658 SF

Location Insight

City
Pinedale
County
Sublette
State
Wyoming
Latitude
42.8661279
Longitude
-109.8740949

FAQs

What type of property is this?
Hospitality property - 43-key hotel, renovated 2023, prime location
Where is the hospitality property located?
The property is located at 1054 Pine St Pinedale, WY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 43-key hotel in Pinedale, Wyoming, approved for IHG's Garner brand.; 24,764 square foot building on a 1.14-acre lot with 45 parking spaces, built in 2008 and fully renovated in 2023.; C-1 zoning allows for multiple uses.
How can I contact the broker?
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1054 Pine St
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