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$1,000,000
9,154 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Square Footage 9,154 sqft
MLS Listing ID 20264105
Year Built 1963
Lot Size 2.900 Acres
Acres 2.9
Property Sub-Type Hotel/Motel
Property Description
Excellent opportunity to acquire a versatile commercial hospitality property located at 10716 E Hwy 30 in Cokeville, Wyoming. Positioned directly along the highway corridor used by travelers heading toward Jackson Hole, this 2.94-acre property offers excellent visibility, convenient access and significant potential for an investor looking to capitalize on both short-term lodging and long-term rental demand. The property offers multiple potential income streams, including motel rooms, renovated apartments, storage, and potential RV parking. Four apartments have already been renovated, providing a strong foundation for the next owner to continue improving and repositioning the property. The motel component includes 16 additional rooms ready for renovation. Completing these rooms presents considerable value-add potential, with the flexibility to pursue nightly motel rentals, extended-stay accommodations or longer-term housing depending on the buyer's business plan and applicable regulations.
Location
State WY
County Lincoln
Area Lincoln County
Zoning COMMERCIAL
Interior
Heating Hot Water, Radiant Electric
Cooling None
Exterior
Exterior Feature Brick Veneer
Utilities Available 115V Electricity, 220V Electricity
Roof Type Aluminum/Steel,Membrane
Building
Water City
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