309 Cedar StRawlins, WY 82301

Property Details for 309 Cedar St

Year built

1907

Lot size

0.24 AC

Property size (Sq ft)

1,500 SF

Property type

Turn key restaurants

APN

21871742701000

APU

21871742701000

Description

This exceptional turnkey restaurant opportunity is located at 309 Cedar Street in Rawlins, Wyoming. The property boasts a spacious 3,000 square foot building situated on a conveniently sized 0.24-acre lot, providing ample space for both indoor dining and potential outdoor seating. The existing infrastructure is ready for immediate operation, eliminating the need for extensive renovations or build-outs, saving significant time and capital for the new owner. The prime location in Rawlins ensures high visibility and accessibility for customers. This presents a unique chance to acquire a well-established business with a proven track record, or to implement your own culinary vision in a thriving community. The asking price of $565,000 reflects the value of the property, its existing operational status, and its potential for future growth. All interested parties are encouraged to conduct their own due diligence to fully assess the opportunity. This is an exceptional chance to own a successful restaurant in a desirable location. Serious inquiries only. The property is being sold as-is. Further details are available upon request. Don't miss this chance to own a piece of Rawlins' vibrant culinary scene.

• CAP approach

  CAP return

  Valuation

  6%

  $489,302

  6.5%

  $451,664

  7%

  $419,402

• Comparable approach

  Method

  Valuation

  Relative Method

  $955,131

  Geo Method

  $312,304

• Alternative Use

  Use

  Valuation

  Residential

  $380,995

  Hospitality

  $348,989

  Educational

  $290,355

  Medical

  $300,341

  Retail

  $451,664

Location Insight

City

Rawlins

County

Carbon

State

Wyoming

Latitude

41.7883

Longitude

-107.238

Property Tax & Assessments

FAQs

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