$4,250,000
Jackson, WY 83001
MLS# 22-123
Status: Closed
28060 sqft
1 / 13
Property Description
Great investment opportunity. Pink Garter Building is a cornerstone of the downtown Jackson core commercial. The building is currently 4 years into a 40 year land lease with two, ten year options to extend. (60 year land lease). Land lease is transferable. The liquor license comes with the building and is built into the purchase price. It is priced at $500K. Commercial tenants in place: Teton Gravity Research, Pinky G's Pizza, Snake River Roasters, The Whiskey Barber & Skin Care Company. Four studio residential units for Jackson workforce housing in the upstairs of the building. (approx. 1,800 sq. ft total)
Details
Maps
Listing Information
Non-Public: No
Start Showing Date: 2022-02-25
Current Price: $4,250,000
Listing Price: 4250000
Status: Closed
Effective Date: 2022-01-24
Property Info
Realtor.com Type: Commercial
Category: Commercial w/Improvements
Acres: 0.34
Space Avail. SqFt: 28060
Horses Allowed: No
Main House SqFt: 28060
Location, Tax & Legal
Common Name: Pink Garter Building
Zoning: Commercial
Ann. Assn Fee $: 0
Taxes: 49165
Tax Year: 2021
Legal Description: LOTS 3-4, BLK. 1, WORT-1. Building only, No Land
Possession: At Closing
Number: 50
Compass Point: W
Street: BROADWAY
Street Suffix: Avenue
County: Teton
State: WY
Zip Code: 83001
Area: 08 - Town of Jackson
Subdivision: Town of Jackson
Compensation and Showing Info
Agent Owned: N
Status Change Information
Seller Concessions: No
Under Cont. Date: 2022-08-16
Sold Date: 2023-01-12
Water
Public: 1
Sewer
Public: 1
Miscellaneous
Transferable Lease: Y
Construction
Stick: 1
Concrete: 1
Metal Siding: 1
Exterior
Combo: 1
Stone: 1
Stucco: 1
Wood: 1
Comm/Loc Details
Inventory Inc.: 1
CC&R's: 1
Liquor License Inc.: 1
On Town Square: 1
Outside Seating: 1
Street Frontage: 1
Financial Data Avail
Balance Sheet: 1
P&L Statement: 1
Net Operating Income: 1
Documents
Lease: 1
Misc Documents: 1
Plat Map: 1
Property Features
Water: Public
Sewer: Public
Construction: Stick; Concrete; Metal Siding
Exterior: Combo; Stone; Stucco; Wood
Financial Data Avail: Balance Sheet; P&L Statement; Net Operating Income
Documents: Lease; Misc Documents; Plat Map
Listing Office: Berkshire Hathaway HomeServices - Brokers of Jackson Hole Real Estate
Listing Agent: Haack & Brawner Real Estate
Last Updated: September - 05 - 2024
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