108 Riverside AveRiverside, WY 82325

  • Bars
  • 2,400 SF
For Sale
$299,000 View listing

Property Details for 108 Riverside Ave

Year built
1964
Lot size
0.26 AC
Property size (Sq ft)
2,400 SF
Property type
Bars
Property subtype
Pubs
APN
14830620500600
APU
14830620500600

Description

This exceptional commercial property, located at 108 E Riverside Avenue in Riverside, Wyoming, presents a fantastic investment opportunity. Boasting a generous 2,400 square feet of space, this general commercial building sits on a sizable 0.26-acre lot, offering ample room for expansion or outdoor use. The property's prime location in Riverside ensures high visibility and accessibility, making it ideal for a variety of businesses. The asking price is $299,000, representing a compelling value for a property of this size and location in a thriving Wyoming community. The building's interior layout is adaptable to suit diverse business needs, providing flexibility for potential tenants or owners. Its strategic position within Riverside offers excellent access to local amenities, transportation routes, and a strong customer base. This property is ready for immediate occupancy and presents a unique chance to establish or expand a business in a desirable location. Serious inquiries are encouraged to explore the potential of this exceptional commercial offering. The property is zoned for general commercial use, allowing for a wide range of business applications. Further details regarding the building's specifications and potential uses are available upon request. Don't miss this opportunity to acquire a valuable asset in a growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $782,502
    6.5%
    $722,309
    7%
    $670,716
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,527,338
    Geo Method
    $499,686
  • Alternative Use

    Use
    Valuation
    Residential
    $609,295
    Hospitality
    $558,111
    Educational
    $464,342
    Medical
    $480,311
    Retail
    $722,309
108 Riverside Ave, Riverside, Wyoming

Location Insight

City
Encampment
County
Carbon
State
Wyoming
Latitude
41.2171
Longitude
-106.779

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,049
$1,042
$18,548
$19,590
-
$10,973
$195,239
$206,212

FAQs

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