592 Main StLander, WY 82520

For Sale
$825,000

Multi-Tenant Commercial Property, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents two buildings totaling 6,359 square feet situated on a 0.34-acre lot at 592 and 586 Main Street, Lander, Wyoming (82520). The property, built in 1950, boasts 100% occupancy with eleven tenants under a net lease arrangement. The combined net operating income (NOI) is $7,000, yielding a 0.85% cap rate. The property includes two buildings: Building #1 encompasses 5,863 square feet and features six office suites, one restaurant/bar space, and two apartments. Building #2 offers an additional 496 square feet with two office suites. Each unit has its own bathroom. The property also includes ten parking spaces and a full retail and catering liquor license. The property's address is 592 and 586 Main Street, Lander, Wyoming, with APN numbers Parcel: 3399-18-2-36-016.00 and Parcel: 3399-18-2-36-017.00. The asking price is $825,000. Utilities include city sewer. The buildings feature flat roofs. This is a rare opportunity to acquire a well-established, multi-tenant commercial property in a prime Lander location.

Highlights

  • Flat Roof.
  • City Sewer.

Property Details for 592 Main St

Property type
Other office properties, Other land
Square Feet
6,359 SF
Year Built
1950
Buildings
2
Lot Size (sq. ft)
14,810 SF
Units
11

Location Insight

City
Lander
County
Fremont
State
Wyoming
Latitude
42.834694
Longitude
-108.736859
592 Main St, Lander, Wyoming

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592 Main St
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