Multi-Use Investment in Jackson Hole | 850 W Broadway Ave
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Multi-Use Investment in Jackson Hole 850 W Broadway Ave
15,089 SF 100% Leased Retail Building Jackson, WY 83001 $15,000,000 ($994/SF) 2.42% Cap Rate
Investment Highlights
- Jackson Hole grants access to highly coveted consumer demographics
Executive Summary
850 W Broadway Avenue, just a mile from the world-famous Town Square in downtown Jackson Hole is now available for acquisition. Encompassing over 15,000 square feet, this expansive development houses five businesses currently, making it a significant commercial hub in the area. Positioned prominently just off-Broadway Avenue, the property enjoys visibility from both east and west-bound traffic. Its proximity to nearby banks, hotels, restaurants, fitness centers and shopping also ensures substantial foot traffic, enhancing its appeal for various business ventures. The property features a generous floor plan designed to accommodate a wide array of commercial needs. Whether you're considering retail, office, restaurant or mixed-use development, the layout offers unparalleled flexibility and functionality, allowing for seamless adaptation to different business models. Jackson Hole grants access to highly coveted consumer demographics, attracting 4 million visitors annually who contributed $1.7 billion in travel-related spending last year. Moreover, the local population boasts an average per capita income of $406,054. Secure a cornerstone asset in one of Jackson Hole's commercial districts.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | - | - |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | - | - |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | - |
Annual Per SF | - |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | - |
Annual Per SF | - |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
15,089 SF
Building Class
B
Year Built/Renovated
1974/2016
Price
$15,000,000
Price Per SF
$994
Cap Rate
2.42%
NOI
$363,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.84 AC
Zoning
Commercial Residential 3 - The intent of the(CR-3) zone is to provide for a vibrant mixed-use zone consisting primarily of retail, office and residential uses.
Frontage
188 FT on West Broadway
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | R0005537 | Improvements Assessment | $395,007 (2024) |
Land Assessment | $342,527 (2024) | Total Assessment | $737,534 (2024) |
PROPERTY TAXES
Parcel Number
R0005537
Land Assessment
$342,527 (2024)
Improvements Assessment
$395,007 (2024)
Total Assessment
$737,534 (2024)
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Multi-Use Investment in Jackson Hole | 850 W Broadway Ave
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