419 Washington StAfton, WY 83110

  • Retail space
  • 6,000 SF
For Sale
$649,000 View listing

Property Details for 419 Washington St

Year built
1940
Lot size
0.18 AC
Property size (Sq ft)
6,000 SF
Property type
Retail space
APN
32183031219000
APU
32183031219000

Description

This exceptional 6,000 square foot commercial property, located at 419 Washington Street Unit 419 in the heart of downtown Afton, Wyoming, presents a lucrative investment opportunity. Situated on a 0.18-acre lot, this general commercial space boasts a prime Main Street location, ideal for a variety of retail businesses. The building underwent a complete remodel in 2022, ensuring modern and updated interiors. Currently, a tenant occupies the space until the end of October, providing immediate income potential for the new owner. The property is serviced by Town of Afton water and sewer lines, eliminating concerns about utility infrastructure. For qualified buyers, the owner is offering attractive owner financing options. A minimum down payment of 15% is required, with the possibility of interest-only payments – details are available upon request. This is a rare chance to acquire a well-maintained, centrally located commercial building in a thriving Wyoming town. The substantial square footage and prime location offer significant potential for growth and return on investment. Don't miss this opportunity to establish your business or expand your commercial portfolio in the vibrant town of Afton. Contact us today to learn more about this exceptional property and the available financing options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,848,508
    6.5%
    $1,706,315
    7%
    $1,584,435
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,574,936
    Geo Method
    $1,249,214
  • Alternative Use

    Use
    Valuation
    Residential
    $1,439,340
    Hospitality
    $1,318,428
    Educational
    $1,096,917
    Medical
    $1,134,641
    Retail
    $1,706,315

Location Insight

City
Afton
County
Lincoln
State
Wyoming
Latitude
42.7249
Longitude
-110.933

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
$688
$2,165
$10,168
$12,333
-
$22,787
$107,030
$129,817

FAQs

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