2351 Spruce StRawlins, WY 82301

Property Details for 2351 Spruce St

Year built

1977

Lot size

1.14 AC

Property size (Sq ft)

4,686 SF

Property type

Turn key restaurants

APN

21871830100100

APU

21871830100100

Description

This exceptional restaurant opportunity in Rawlins, Wyoming, presents a compelling investment prospect. Located at 2351 W Spruce Street, the property boasts a substantial 4,618 square feet of space, ideally suited for a thriving culinary establishment. The expansive 1.13-acre lot offers ample room for outdoor seating, expansion, or additional development. Priced at $675,000, this turnkey operation represents a significant value proposition in a dynamic market. The building's interior layout is designed to accommodate a full-service restaurant, featuring a well-equipped kitchen, dining area, and supporting spaces. The property's strategic location ensures high visibility and accessibility, attracting a consistent flow of customers. This presents a rare chance to acquire a well-established restaurant with significant growth potential in a desirable Wyoming community. The property's size and location make it suitable for a variety of restaurant concepts, offering flexibility for prospective owners to tailor the business to their vision. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Detailed financial information and operational data are available upon request. Don't miss this chance to own a thriving business in a vibrant community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,528,592

  6.5%

  $1,411,008

  7%

  $1,310,222

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,983,856

  Geo Method

  $975,636

• Alternative Use

  Use

  Valuation

  Residential

  $1,190,238

  Hospitality

  $1,090,252

  Educational

  $907,076

  Medical

  $938,272

  Retail

  $1,411,008

Location Insight

City

Rawlins

County

Carbon

State

Wyoming

Latitude

41.7851

Longitude

-107.264

Property Tax & Assessments

FAQs

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