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  • $800,000

    1240 Main St, Lander, WY 82520

    1beds
    1baths
    30,799sqft
    : 
    Multi Family
    Built in 1949
    -- sqft lot
    $-- Zestimate®
    $26/sqft
    $-- HOA

    What's special

    Ample parkingManagers quartersOn-site office
    An outstanding INVESTMENT OPPORTUNITY awaits with this 25-plus unit property, 9 single rooms, 11 double rooms, 5 suites, 2 apartments, with ample parking, on-site office, and managers quarters, this offers exceptional flexibility and income potential. Currently operating as a fully functional motel, the property can generate short-term rental income- or be repositioned as a multifamily housing for long-term tenants. Located in a high-visibility, high-demand area, the site is ideal for travelers, temporary workers, or residents seeking affordable housing options. With infrastructure already in place conversion to studio apartments or extended-stay rentals is straightforward and cost effective.
    13 days
    on Zillow
    |
    654
    |
    19
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 15, 2025 at 12:33am

    Listed by:

    Yvonne Patterson 307-349-1660,

    Timber Ridge Realty LLC

    Source: WYOMLS,MLS#: 20251613MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1240 Main St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Forced Air Gas, Forced Air Electric
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Microwave, Refrigerator
    • Laundry: Other
    Features
    • Flooring: Carpet
    • Windows: Drapes, Curtain Rod(s)
    • Furnished: Yes
    Interior area
    • Total structure area: 30,799
    • Total interior livable area: 30,799 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Carport, RV Access/Parking, Off Street
    • Has carport: Yes
    Features
    • Patio & porch: Patio
    • Fencing: None
    Lot
    • Size: 0.71 Acres
    Details
    • Zoning description: C-1/Lander
    • Other equipment: RV Parking, Storage Shed, Landscaped, Patio

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Frame, Block, Wood Siding, Asbestos
    • Foundation: Concrete Perimeter
    • Roof: Aluminum
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Electric: Rocky Mountain Power
    • Gas: Natural
    • Sewer: Public Sewer
    • Water: City

    Community & HOA

    Community
    • Subdivision: Other
    Location
    • Region: Lander

    Financial & listing details

    • Price per square foot: $26/sqft
    • Annual tax amount: $4,480
    • Price range: $800K - $800K
    • Date on market: 4/12/2025
    • Listing terms: 1031 Exchange
    • Tenant pays: Other
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