1424 W Pine Street, Pinedale, WY 82941
1424 W Pine Street, Pinedale, WY 82941
1424 W Pine Street, Pinedale, WY 82941
1424 W Pine Street, Pinedale, WY 82941
1424 W Pine Street, Pinedale, WY 82941
1424 W Pine Street, Pinedale, WY 82941
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$4,500,000

Est.Price: ?

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42,693 SqFt


SOLD DATE : 03/17/2026

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Square Footage 42,693 sqft

Subdivision Wy

MLS Listing ID 20244846

Sold Date 03/17/26

Year Built 2005

Tax Year 2025

Property Sub-Type Hotel/Motel

Property Description

***Second Price Reduction!*** The Pinedale Hotel is a 82-key interior corridor hotel with a 9.17% Cap rate. The building is 42,693 SF and is on 2.31 AC of land. The hotel was built in 2005 and features a heated indoor pool, hot tub, continental breakfast area, fitness center, business center, on-site spa and more. The property also has a 5-year lease for 1,057 SF of restaurant space until 2029 that is 40% of the restaurants net revenue. The restaurant recently acquired a liquor license that will only further bolster the return on investment for the space. The hotel's strategic location, combined with the fact that its one of the only hotels in the area with a restaurant, is likely to attract a steady influx of guests throughout the year, especially during the summer months. Moreover, the ability to host extended stay tenants and provide long-term lodging helps ensure favorable returns on investment for its owners. This property has great value-add potential with unrealized income. See offering memorandum for more details.

Location

State WY

County Sublette

Area Sublette County

Zoning COMMERCIAL

Interior

Heating Electric

Cooling A/C Window Unit

Exterior

Exterior Feature Other

Fence None

Utilities Available 115V Electricity

Roof Type Asphalt/Fiberglass

Total Parking Spaces 90

Building

Foundation Concrete

Sewer City

Water City

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