1240 Main Street, Lander, Wyoming

MLS ID: 20251613

Status: Active

Price: $800,000

Acres: 0.71±

Type: Multi-Family

Address: 1240 Main Street

City, State: Lander, WY

County: Fremont County

ZIP Code: 82520

Lat/Long: 42.838475, -108.744326

Description

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.

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Listed By: Yvonne Patterson of Timber Ridge Realty Llc - (307) 349-1660