541 Big Horn AveWorland, WY 82401

  • Turn key restaurants
  • 1,664 SF
For Sale
$175,000 View listing

Property Details for 541 Big Horn Ave

Year built
1923
Construction
FRAME
Lot size
0.08 AC
Property size (Sq ft)
1,664 SF
Property type
Turn key restaurants
APN
47502524700400
APU
47502524700400

Description

This exceptional restaurant opportunity is located at 541 Big Horn Avenue in Worland, Wyoming. The property boasts a generous 1,664 square feet of interior space, perfectly suited for a thriving food service business. Situated on a conveniently sized 0.08-acre lot, the property offers ample space for outdoor seating or potential expansion. The asking price for this turnkey operation is $175,000, representing a significant value for an established business in a desirable location. The property's address is 541 Big Horn Avenue, Worland, WY. This presents a rare chance to acquire a well-positioned restaurant in a vibrant community. The existing infrastructure provides a solid foundation for immediate operation or customization to suit a new owner's vision. The property's size and location make it ideal for a variety of culinary concepts, from casual dining to more specialized fare. Worland offers a strong local market and a supportive business environment. This is a fantastic opportunity for an experienced restaurateur or a first-time business owner looking to enter the market. The property is ready for immediate occupancy, allowing for a quick and seamless transition. Serious inquiries are encouraged to explore this promising investment. Don't miss this chance to own a piece of Worland's thriving culinary scene.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $543,145
    6.5%
    $501,364
    7%
    $465,553
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,060,348
    Geo Method
    $346,449
  • Alternative Use

    Use
    Valuation
    Residential
    $422,920
    Hospitality
    $387,392
    Educational
    $322,306
    Medical
    $333,390
    Retail
    $501,364
541 Big Horn Ave, Worland, Wyoming
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Location Insight

City
Worland
County
Washakie
State
Wyoming
Latitude
44.0171
Longitude
-107.961

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
2023
$573
$3,088
$4,657
$7,745
-
$32,500
$49,021
$81,521

FAQs

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