$4,500,000
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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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