Jackson, WY 83001
MLS# 20-2431
Status: Closed
18785 sqft
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.
Listing Office: Wyoming Property Management LLC
Listing Agent: Tyler Davis
Last Updated: August - 25 - 2022
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