$6,950,000
355 S WASHINGTON Street
Afton, WY 83110
MLS# 25-2308
24000 sqft
355 S WASHINGTON Street, Afton, WY 83110
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Property Description
Colters Lodge is an Icon that put Star Valley on the map. This is THE landmark commercial property in Star Valley. Situated in the center of town of Afton, Wyoming, this 1939 epic structure is near the ''World's Largest Elkhorn Arch.'' Afton and the Lincoln County area is known for awesome natural beauty, abundant wildlife, 4 season outdoor recreation & a strong connection to its pioneer Western Ranch heritage. The valley is bisected by the Salt River and surrounded by the beautiful Caribou & Salt River Mountain ranges. At 4 stories Colter Lodge is the tallest commercial building in Lincoln County. The distinctive art deco architecture was intended to make a modern statement when construction began in the 1930s and it sure did! The Governor of Wyoming attended the ribbon cutting.

Details
Maps
Listing Information
Non-Public: No
Current Price: $6,950,000
Listing Price: 6950000
Status: Active
Effective Date: 2025-08-25
Property Info
Realtor.com Type: Commercial
Category: Business Op w/RE
Acres: 1.66
Space Avail. SqFt: 24000
Stories: 4
Senior Community YN: No
Horses Allowed: No
Main House SqFt: 24000
Location, Tax & Legal
Zoning: Commercial
Ann. Assn Fee $: 0
Association Fee Frequency: Annually
Taxes: 8400
Tax Year: 2024
Legal Description: see title report
Possession: At Closing
Number: 355
Compass Point: S
Street: WASHINGTON
Street Suffix: Street
County: Lincoln
State: WY
Zip Code: 83110
Area: 14A - So Sublette County & So Lincoln County
Subdivision: Afton
Compensation and Showing Info
Agent Owned: N
Water
Public: 1
Sewer
Public: 1
Construction
Other: 1
Exterior
Combo: 1
Stone: 1
Stucco: 1
Comm/Loc Details
Inventory Inc.: 1
Liquor License Inc.: 1
Outside Seating: 1
Street Frontage: 1
Roof
Other: 1
Air Conditioning
Wall Air Unit: 1
Propane Tank
Owned: 1
Heat
Electric: 1
Forced Air: 1
Financial Data Avail
P&L Statement: 1
Net Operating Income: 1
Property Features
Water: Public
Sewer: Public
Construction: Other
Exterior: Combo; Stone; Stucco
Roof: Other
Air Conditioning: Wall Air Unit
Heat: Electric; Forced Air
Propane Tank: Owned
Financial Data Avail: P&L Statement; Net Operating Income
Supplements
Today, Colter's is a top tier boutique hotel with 23 rooms offering the right blend of updates and rustic chic. There are numerous modern remodeled suites, from family size, to honeymoon style, executive and a full penthouse apartment. Colter's also has basic and economical rooms, so that the nightly accommodations cater perfectly to all guests. Add in all the other amenities and Colter's is THE place to be in Star Valley. The main level amenities include 2 restaurants, a cafe for casual dining, and a steakhouse for fine dining. The historic saloon style bar with huge panoramic oil painted murals of the surrounding Star Valley geographic landscape features John Colter (the first hunter/trapper in what became YNP) painted by a well-known artist who spent 3 years completing the paintings. The bar has keno/lotto (with licensees), pool tables, darts, gaming machines (individually licensed with Wyoming Gaming Commission). There is a liquor store & smoke shop with a drive up area that has class and charm (full liquor license). The above grade square footage is about 24,000 SF. The basement is approximately 4,000 SF offering a planed new venue called Colter's Cave. When renovations are completed it will be a no age requirement space for youth and families with pool tables and other contemporary games. The property is more than ample for current operations. But it also offers room for expansion. There are concept plans for addition of extended stay villa type suites. The grandfathered historic Landmark 4 story building height, coupled with the proximity to the commercial airport (big enough to land Gulfstream jets) makes transportation convenient. The rooftop has been a prime location for communication towers (an additional revenue stream). A property management company is in place to handle related details. This is a must see property if you're looking to own a solace legacy investment that is truly ONE OF A KIND! It is an awesome place for hosting a private gathering, family, business or other events. As the new owner you will have the rare opportunity to carry on the Colter Legacy that has been a cherished community treasure for 86 years.

Listing Office: Jackson Hole Sotheby's International Realty

Listing Agent: Steve Duerr

Last Updated: December - 30 - 2025

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