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5201 S Douglas Hwy 19,743 SF Retail Building Gillette, WY 82718 $5,727,372 CAD ($290.10 CAD/SF)
Investment Highlights
- High traffic area
- Large multi use property
- Nicely updated
- Corner lot location
- Great parking available
Executive Summary
This versatile property offers a total of 19,743 square feet and is divided into two main sections. The first section is a 9,030-square-foot retail package liquor store and bar area, which includes the Axe House and Cigar Bar. Features include large built-in coolers, a retail setup for packaged liquor, updated flooring, and a spacious bar area. The second section is a 10,713-square-foot, state-of-the-art fitness center with a hot yoga room, spinning room, group fitness area, expansive cardio and fitness space, locker rooms, and laundry hookups. All areas are equipped with fire suppression systems, tankless water heaters, and roof-mounted natural gas HVAC systems. The property also features an outdoor patio with an 800-square-foot canopy and built-in gas lines for fire pits and heaters. The 2.55-acre lot provides over 47,000 square feet of asphalt for designated park-ing and drive lanes. Located at the intersection of Highway 59 and Garner Lake Road, the property offers access from Highway 59, Garner Lake Road, and S. Butler Spaeth Road. This is an excellent opportunity for a high-quality, multi-use property.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
19,743 SF
Building Class
C
Year Built
2003
Price
$5,727,372 CAD
Price Per SF
$290.10 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
2.55 AC
Zoning
C-1 - General commercial use i.e. - Office space, gym, grocery store, retail store
Parking
132 Spaces (6.69 Spaces per 1,000 SF Leased)
Frontage
283’ on 5201 S Douglas Hwy
Amenities
- Pylon Sign
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R0033214 | Improvements Assessment | $319,244 CAD |
| Land Assessment | $67,764 CAD | Total Assessment | $387,008 CAD |
Property Taxes
Parcel Number
R0033214
Land Assessment
$67,764 CAD
Improvements Assessment
$319,244 CAD
Total Assessment
$387,008 CAD
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5201 S Douglas Hwy
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