215 Broadway AveRiverton, WY 82501

  • Banks
  • 5,068 SF
For Sale
$349,000 View listing

Property Details for 215 Broadway Ave

Year built
1965
Lot size
0.48 AC
Property size (Sq ft)
5,068 SF
Property type
Banks
APN
10-9114-34-1-04-003.00
APU
1091143410400300

Description

This exceptional 9,604 square foot commercial property, located at 215 N Broadway Ave in Riverton, Wyoming, presents a unique investment opportunity. Built in 1965, this single-story building sits on a sizable 0.48-acre lot at the highly visible corner of Park Avenue and North Broadway Avenue. The property boasts a convenient drive-through feature and is just one block from Main Street, ensuring high visibility and accessibility. The building's layout includes 5,068 square feet on the ground floor and an additional 4,536 square feet of basement space, offering ample room for a variety of uses. Previously utilized as a bank, this versatile space is ideal for a range of businesses, including traditional office spaces and retail ventures. The asking price for this prime Riverton commercial property is $349,000. Its location, size, and history make it an attractive investment in a thriving Wyoming community. The property's zoning and potential uses should be verified independently. This is a rare opportunity to acquire a substantial commercial building in a desirable location. Don't miss out on this chance to own a piece of Riverton's commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,654,053
    6.5%
    $1,526,818
    7%
    $1,417,759
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,229,042
    Geo Method
    $1,055,170
  • Alternative Use

    Use
    Valuation
    Residential
    $1,287,928
    Hospitality
    $1,179,735
    Educational
    $981,526
    Medical
    $1,015,282
    Retail
    $1,526,818

Location Insight

City
Riverton
County
Fremont
State
Wyoming
Latitude
43.0265
Longitude
-108.386
CBSA code
40180
CBSA name
RIVERTON, WY MICROPOLITAN STATISTICAL AREA

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
$4,329
$7,637
$47,750
$55,387
-
$80,394
$502,634
$583,028

FAQs

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