326 6Th StThermopolis, WY 82443

Property Details for 326 6Th St

Year built

1995

Lot size

0.24 AC

Property size (Sq ft)

2,790 SF

Property type

Retail space

APN

43953631700100

APU

43953631700100

Description

This exceptional commercial property, located at 326 N 6th in Thermopolis, Wyoming, presents a fantastic investment opportunity. The building boasts a generous 2,790 square feet of space, offering ample room for a variety of business ventures. Situated on a sizable 0.24-acre lot, the property provides ample parking and potential for expansion or outdoor use. The asking price is $399,999, representing a compelling value in the thriving Thermopolis market. The property's versatile layout and prominent location make it ideal for a wide range of commercial uses, from retail and office space to light industrial operations. Its strategic placement within Thermopolis ensures high visibility and easy access for customers and employees. The building's substantial size and the generous lot size offer significant flexibility for future development and adaptation to evolving business needs. This is a rare opportunity to acquire a well-positioned commercial property in a growing Wyoming community. Serious inquiries are encouraged to explore the potential of this exceptional offering and its significant return on investment. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Don't miss this chance to secure a valuable asset in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $910,646

  6.5%

  $840,596

  7%

  $780,553

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,777,786

  Geo Method

  $580,885

• Alternative Use

  Use

  Valuation

  Residential

  $709,074

  Hospitality

  $649,508

  Educational

  $540,383

  Medical

  $558,968

  Retail

  $840,596

Location Insight

City

Thermopolis

County

Hot Springs

State

Wyoming

Latitude

43.6492

Longitude

-108.212

Property Tax & Assessments

FAQs

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