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    1140 Hwy 22

    Jackson, WY 83001
    • $9,500,000
    • STATUS: Active
    • ON SITE: 59 days
    • MLS #: 20-2431
    UPDATED: 63 min ago
    $9,500,000
    • 0
      BEDS
    • 1.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 18,785
      SQFT
    • $506
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Opportunity for additional development available! The Teton Gables is a strong, mixed-use, operating asset centrally located at one of the most premier locations in Jackson Hole. This asset generates significant revenue from multiple streams; Cutty's Bar and Grill is a local's favorite spot and longtime restaurant tenant. The motel, which was fully remodeled in 2017, has master leases through some of the largest employers in Jackson. The rooms have maintained their Short Term Rental status, which could increase operating revenues if operated as a fully functional motel. Two currently leased office spaces and onsite laundry facilities provide further revenue. Additionally, opportunity for new development could be constructed as hotel rooms, condos, office space or apartments.

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    Listing information © 2020 Teton Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Group Real Estate. Data last updated: 2020-10-20T21:01:41.813.
    www.idahomefinder.com/homes/109233127
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    1140 Hwy 22 Jackson, WY 83001

    • Price: $9,500,000
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 20-2431
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.4
    Acres
    18,785
    SQFT
    $506
    $/SQFT
    Neighborhood:
    Town Of Jackson
    County:
    Teton
    Area:
    8 - Town Of Jackson
    Property Description
    Opportunity for additional development available! The Teton Gables is a strong, mixed-use, operating asset centrally located at one of the most premier locations in Jackson Hole. This asset generates significant revenue from multiple streams; Cutty's Bar and Grill is a local's favorite spot and longtime restaurant tenant. The motel, which was fully remodeled in 2017, has master leases through some of the largest employers in Jackson. The rooms have maintained their Short Term Rental status, which could increase operating revenues if operated as a fully functional motel. Two currently leased office spaces and onsite laundry facilities provide further revenue. Additionally, opportunity for new development could be constructed as hotel rooms, condos, office space or apartments.
    Exterior Features

    Location Street Frontage

    Interior Features

    Sq Ft Total 18785.00

    Property Features

    Agent Is Owner Yes Annual Association Fee 0.00 Business Type Lodging Category Commercial W/Improvements Horses Allowed YN No Possession At Closing Sewer Public Tax Year 2019 Taxes 30875.51 Water Public Zoning Mixed Use


    Listing information © 2020 Teton Board of Realtors MLS.
    Listing provided courtesy of Tyler Davis of Wyoming Property Management Llc.



    Listing information © 2020 Teton Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Group Real Estate. Data last updated: 2020-10-20T21:01:41.813.
     
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