1936 State StMeeteetse, WY 82433

Property Details for 1936 State St

Year built

1917

Construction

FRAME

Lot size

0.16 AC

Property size (Sq ft)

2,857 SF

Property type

Bars

Property subtype

Pubs

APN

17000100420000

APU

17000100420000

Description

This exceptional mixed-use property, located at 1936 State St, Meeteetse, Wyoming 82433, presents a rare opportunity to own a piece of Wyoming history. The 2,857 square foot building, constructed in 1917 on a 7,000 square foot lot, boasts a rich history dating back to 1893. The centerpiece is a stunning 12-foot tall Brunswick-Balke-Collender bar, crafted from Rosewood and Cherrywood, valued at over $90,000. The property includes ample dining space, a dedicated band area, and a dance floor, creating a versatile venue ideal for a thriving bar and restaurant. All furniture, fixtures, and equipment are included in the asking price of $350,000, making this a truly turnkey operation. Recent electrical updates have been completed, and a coveted liquor license is in place. Meeteetse's prime location, a short drive from Cody and Yellowstone National Park, ensures a steady stream of visitors throughout the year. This property offers not only a profitable business venture but also a unique opportunity to own a piece of Wyoming's vibrant past. The property is zoned for mixed-use retail and is ready for immediate occupancy. This is a remarkable opportunity to own a well-established business in a picturesque Wyoming town.

• CAP approach

  CAP return

  Valuation

  6%

  $932,616

  6.5%

  $860,876

  7%

  $799,385

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,820,709

  Geo Method

  $594,834

• Alternative Use

  Use

  Valuation

  Residential

  $726,181

  Hospitality

  $665,178

  Educational

  $553,420

  Medical

  $572,453

  Retail

  $860,876

Location Insight

City

Meeteetse

County

Park

State

Wyoming

Latitude

44.1581

Longitude

-108.871

Property Tax & Assessments

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