400 S HWY.89
Jackson, WY 83001
MLS# 17-2938
29777 sqft

Shervin Street View
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Shervin Street View Aerial View 20-Unit Apartment complex - Storage Units Below Commercial Retail Units Fronting Maple Way Second & Third Level Apartments of Superior Quality Apartment "Roof Lawn" 11,400 SF. Multiple-Bay Service Building Representative Apartment Interior Large Storage Bays - Poured Concrete Construction - Exc. Quality

Property Description
The Shervin Property is comprised of Highway-fronting retail / service and excellent quality residential apartments, two of Jackson, Wyoming’s most sought-after property types. The offering presents the opportunity is to purchase the property located at 400 S. Hwy. in Jackson Wyoming, which is being offered jointly with the business enterprise of Shervin’s Independent Oil. Shervin’s Independent Oil is a family-owned business engaging in retail gas sales, heating oil sales, tire sales and automotive repair. The real estate at this location consists of a 1.67-acre lot that is improved with a 11,200 SF shop building with 400 SF of second floor ancillary office area (11,600 SF overall) and a 18,177 SF building allocated between the uses of retail, storage bays, and apartments..

Listing Information
Current Price: $10,000,000
Listing Price: 10000000
Status: Active
Property Info
Realtor.com Type: Commercial
Category: Commercial w/Improvements
Acres: 1.68
Total Sq. Ft.: 29777
Space Avail. SqFt: 29777
Horses Allowed: No
Location, Legal & Taxes
Common Name: Shervin Station and Apartments
Number: 400
Compass Point: S
Street: HWY.89
County: Teton
State: WY
Zip Code: 83001
Area: 8 - Town of Jackson
Subdivision: Town of Jackson
Zoning: Commercial
Taxes: 25439.2
Tax Year: 2017
Legal Description: Lots 7B & 9, Lark Add. to Jackson shown on Plat 530 Teton Co.Clerk Office (Lot 7B is also known as S. 1/2 of Lot 7, Lark Addn.)
Possession: Negotiable
Compensation and Showing Info
Agent Owned: N
Property Features
Water: Public
Sewer: Public
Comm/Loc Details: Street Frontage
Financing: Cash
Documents: Flyer
(16 Studio Units and 4 one-bed units, for a total of 20 apartments of superb quality with an elevated "roof lawn"). All totaled, the buildings account for 29,777 SF of building area . The land on which the improvements sit totals 1.67 acres in size and is located at the northeast corner of South Highway 89 and Maple Way. The site has approximately 400 feet of frontage on Maple Way and over 200 feet of frontage on Highway 89. This provides superb exposure to the estimated average daily traffic volume of 18,980 in this location. The sale of this property is conditioned and contingent on the successful acquisition of the business of Shervin's Independent Oil. This listing represents the price for the real estate only.- See MLS #xx-xxxx for details on business offering.

Listing Office: Brokerage of the Tetons

Last Updated: April - 30 - 2018

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Tuesday 23rd of April 2019 04:08 PM