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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
Storefront
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

U.S. Bank
Albertsons
Starbucks
First Republic Bank
Chase Bank
Bank of Montreal
Whole Foods Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0005537
Land Assessment
$342,527 (2024)
Improvements Assessment
$395,007 (2024)
Total Assessment
$737,534 (2024)
  • Listing ID: 32799318

  • Date on Market: 8/14/2024

  • Last Updated:

  • Address: 850 W Broadway Ave, Jackson, WY 83001

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