$5,500,000
Jackson, WY 83001
MLS# 14-1163
Status: Closed
18785 sqft
1 / 1
Property Description
For Sale: Teton Gables Motel, Cutty's Restaurant and Bar, and four office studios leased to Jackson Hole Radio. The Gables is a 30 room motel and manager's office, and there are an additional 7 rooms currently out of service. Cutty's is a full service restaurant and bar. The motel is not currently operated for nightly rentals, but is leased to large corporations for employee housing, creating a stable income while eliminating most of the labor expense of operating a typical motel. The restaurant and offices are leased under long term net leases. The property is located at the intersection of Highways 22 and 89 in Jackson, WY. WYDOT reports 30,000 vehicles per day on Highway 89 and 18,000 on Highway 22 at this intersection.
Details
Maps
Property Info
Realtor.com Type: Commercial
Category: Commercial w/Improvements
Acres: 1.4
Space Avail. SqFt: 18785
Stories: 2
Horses Allowed: No
Main House SqFt: 18785
Location, Tax & Legal
Common Name: Gables/Cutty's
Zoning: Commercial
Ann. Assn Fee $: 0
Taxes: 9433
Tax Year: 2013
Legal Description: PT SW1/4NE1/4, SEC 32, TWP 41, RNG 116
Number: 1140
Compass Point: W
Street: HWY 22
County: Teton
State: WY
Zip Code: 83001
Area: 08 - Town of Jackson
Subdivision: None
Compensation and Showing Info
Agent Owned: N
Status Change Information
Seller Concessions: No
Under Cont. Date: 2017-04-07
Sold Date: 2017-06-30
Water
Public: 1
Sewer
Public: 1
Comm/Loc Details
Street Frontage: 1
Listing Information
Current Price: $5,500,000
Listing Price: 5500000
Status: Closed
Effective Date: 2014-05-09
Property Features
Water: Public
Sewer: Public
Listing Office: Contour Investment Properties
Listing Agent: Tim Bradley
Last Updated: September - 05 - 2024
DISCLAIMER: Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton IDX Program may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton MLS is not responsible or liable for the information.