245 & 265 N MILLWARD Street, Jackson, WY 83001

$12,000,000
Property Type: Commercial Square Footage: 28,000 Lot Size (sq. ft.): 27,878 Status: Closed
Current Price: $12,000,000 List Date: 7/26/2023 Last Modified: 5/02/2025

Overview

Description

Rare commercial building redevelopment opportunity. This project encompasses four lots within the heart of downtown Jackson Hole. There are 33 residential units as well as a single-family home currently being leased long term. 2023 approved development plan with the Town of Jackson, aka the ''Millward Street Apartments'' which is comprised of 4,094 square feet of commercial approved for office and retail uses,7,763 square feet of short term rentals- 11 units (7 studios, 1- 1 bedroom, 2- 2 bedrooms & 1- 3 bedroom). 14,276 square feet of residential market units, 20 units total (11 studio, 2- 1 bedroom, 6- 2 bedroom & 1- 3bedroom). 9,423 square feet of residential workforce deed restricted- 17 units (14 studio, 1- 1 bedroom, 2- 2 bedroom for a total of 48 residential units.

Listing Details MLS# 23-1692

Location, Tax & Legal

Number
245 & 265
Compass Point
N
Street
MILLWARD
Street Suffix
Street
County
Teton
State
WY
Zip Code
83001
Area
08 - Town of Jackson
Subdivision
Town of Jackson
Common Name
Angler Inn
Zoning
Commercial
Flood Zone
Unknown
Flood Class
Unknown
Ann. Assn Fee $
0
Taxes
53638.72
Tax Year
2024
Legal Description
Lots 3, 4, 5, and 6 of Block 2 of the Original Townsite of Jackson, Teton County, Wyoming, according to that plat recorded in the Office of the Teton County Clerk on July 18, 1901 as Plat No. 100.
Possession
At Closing

Listing Information

Listing Price
12000000
Effective Date
2023-07-26

Property Info

Realtor.com Type
Commercial
Category
Commercial Building Site
Acres
0.64
Main House SqFt
28000
Horses Allowed
No
Space Avail. SqFt
0

Compensation and Showing Info

Agent Owned
N

Status Change Information

Under Cont. Date
2025-03-25
Sold Date
2025-05-02
Seller Concessions
No

Water

Public
Yes

More Information

Sewer

Public
Yes

Construction

Stick
Yes
Other
Yes

Exterior

Combo
Yes
Other
Yes

Comm/Loc Details

Offsite Emp. Housing
Yes
Street Frontage
Yes

Roof

Shake
Yes

Air Conditioning

None
Yes

Heat

Other
Yes

Financial Data Avail

Operating Expenses
Yes
Net Operating Income
Yes

Property Features

Water: Public Sewer: Public Construction: Stick; Other Exterior: Combo; Other Roof: Shake Air Conditioning: None Heat: Other Financial Data Avail: Operating Expenses; Net Operating Income
Listing Office: Jackson Hole Sotheby's International Realty
Listing Agent: Jake Kilgrow
Last Updated: May - 02 - 2025
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