1290 Main StLander, WY 82520

For Sale
$1,300,000

Iconic Wyoming Bowling Alley, Turnkey Operation

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional business opportunity presents the chance to acquire Silver Spur Lanes & Lounge, a well-established and profitable bowling alley located at 1290 Main St, Lander, Wyoming, 82520. Established in 1960, this iconic Fremont County landmark occupies a 0.9-acre lot and encompasses 13,276 square feet across two single-story buildings. The property features 12 bowling lanes, a fully licensed bar and lounge with a drive-thru liquor store, and an on-site snack bar, all contributing to consistent revenue streams. A full bowling league roster ensures year-round activity, supplemented by regular lounge clientele. The sale includes all fixtures, furniture, and equipment (FF&E), along with backup supplies, ensuring a seamless transition for the new owner. The property benefits from a robust security system with 19 cameras, smoke filters in the lounge, and recent upgrades including a new AC and furnace. The business also holds both on-premises and off-premises liquor licenses, opening up additional catering opportunities. This turnkey operation offers a strong 5.87% cap rate with a Net Operating Income (NOI) of $76,309 and an asking price of $1,300,000 ($97.92 per square foot). The property is zoned for commercial use and presents a unique blend of entertainment and investment potential within a thriving community. This is a rare opportunity to own a piece of Wyoming history and a successful, established business.

Highlights

  • Established in 1960, this iconic Fremont County bowling alley offers a turnkey operation.
  • Features a full on-premises liquor license, off-premises catering license, and a drive-thru liquor store.
  • Boasts a full bowling league roster and consistent snack bar and lounge income streams.
  • Includes all FF&E, backup equipment, and supplies.

Property Details for 1290 Main St

Property type
Investment properties, Other commercial real estate
Square Feet
13,276 SF
Year Built
1960
Buildings
2
Stories
1
Lot Size (sq. ft)
39,204 SF
Units
1

Location Insight

City
Lander
County
Fremont
State
Wyoming
Latitude
42.83936592
Longitude
-108.74456095
1290 Main St, Lander, Wyoming

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1290 Main St
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