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355 S WASHINGTON Street, Afton, WY 83110
Overview
Description
Supplements: ... (Read more) Today, Colter's is a top tier boutique hotel with 23 rooms offering the right blend of updates and rustic chic. There are numerous modern remodeled suites, from family size, to honeymoon style, executive and a full penthouse apartment. Colter's also has basic and economical rooms, so that the nightly accommodations cater perfectly to all guests. Add in all the other amenities and Colter's is THE place to be in Star Valley. The main level amenities include 2 restaurants, a cafe for casual dining, and a steakhouse for fine dining. The historic saloon style bar with huge panoramic oil painted murals of the surrounding Star Valley geographic landscape features John Colter (the first hunter/trapper in what became YNP) painted by a well-known artist who spent 3 years completing the paintings. The bar has keno/lotto (with licensees), pool tables, darts, gaming machines (individually licensed with Wyoming Gaming Commission). There is a liquor store & smoke shop with a drive up area that has class and charm (full liquor license). The above grade square footage is about 24,000 SF. The basement is approximately 4,000 SF offering a planed new venue called Colter's Cave. When renovations are completed it will be a no age requirement space for youth and families with pool tables and other contemporary games. The property is more than ample for current operations. But it also offers room for expansion. There are concept plans for addition of extended stay villa type suites. The grandfathered historic Landmark 4 story building height, coupled with the proximity to the commercial airport (big enough to land Gulfstream jets) makes transportation convenient. The rooftop has been a prime location for communication towers (an additional revenue stream). A property management company is in place to handle related details. This is a must see property if you're looking to own a solace legacy investment that is truly ONE OF A KIND! It is an awesome place for hosting a private gathering, family, business or other events. As the new owner you will have the rare opportunity to carry on the Colter Legacy that has been a cherished community treasure for 86 years.
Listing Details MLS# 25-2308
Location, Tax & Legal
- Number
- 355
- Compass Point
- S
- Street
- WASHINGTON
- Street Suffix
- Street
- County
- Lincoln
- State
- WY
- Zip Code
- 83110
- Area
- 14A - So Sublette County & So Lincoln County
- Subdivision
- Afton
- Zoning
- Commercial
- Ann. Assn Fee $
- 0
- Association Fee Frequency
- Annually
- Taxes
- 8400
- Tax Year
- 2024
- Legal Description
- see title report
- Possession
- At Closing
Listing Information
- Listing Price
- 6950000
- Non-Public
- No
- Effective Date
- 2025-08-25
Property Info
- Realtor.com Type
- Commercial
- Category
- Business Op w/RE
- Acres
- 1.66
- Main House SqFt
- 24000
- Space Avail. SqFt
- 24000
- Stories
- 4
- Senior Community YN
- No
- Horses Allowed
- No
Compensation and Showing Info
- Agent Owned
- N
Water
- Public
- Yes
Sewer
- Public
- Yes
More Information
Construction
- Other
- Yes
Exterior
- Combo
- Yes
- Stone
- Yes
- Stucco
- Yes
Comm/Loc Details
- Inventory Inc.
- Yes
- Liquor License Inc.
- Yes
- Outside Seating
- Yes
- Street Frontage
- Yes
Roof
- Other
- Yes
Air Conditioning
- Wall Air Unit
- Yes
Propane Tank
- Owned
- Yes
Heat
- Electric
- Yes
- Forced Air
- Yes
Financial Data Avail
- P&L Statement
- Yes
- Net Operating Income
- Yes
