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26659365
26659367

203 E Cleveland St, Sundance, WY 82729

MK
WY RE-16397, SD 16211
Century 21 Spearfish Realty
Listed by Century 21 Spearfish Realty
$499,000
311 days on market
Updated 1 day ago

203 E Cleveland Street

Details
APN 5163-14-4-20-010.00
Property Type Hospitality, Retail
Sub Type Bar, Restaurant
Square Footage 4,788
Net Rentable (SqFt) 4,500
Keys 3
Cap Rate 14.25%
NOI $71,095
Occupancy 100%
Broker Co-Op Yes
Class C
Year Built 1940
Year Renovated 2018
Buildings 3
Stories 1
Acreage 0.320
Zoning Commercial
Parking Spaces 13 spaces
Parking per 1,000 SqFt 2.72
Investment Type Owner/User
Tenant Credit No Credit Rating
Occupancy Date 03/01/2022
Ownership UL Properties, LLC

Restaurant | Retail | 4,688 SqFt

Marketing description

Situated at a highly visible corner lot in historic Sundance, Wyoming, this exceptional commercial property offers nearly 4,800 square feet of versatile space and a wealth of possibilities. Long known as a welcoming gathering place for both locals and visitors, the property has most recently operated as a successful restaurant and bar with a seating capacity of over 100.

Whether you choose to continue its legacy as a thriving eatery or reimagine the space as a brewery, retail center, or entirely new concept, the potential here is unlimited. The property includes off-street parking, a detached apartment building for additional income or owner use, and a 24' x 24' storage garage. Also included are a full restaurant liquor license and all essential kitchen and restaurant equipment—making it truly turnkey for those ready to hit the ground running.

Currently home to Uncle Louie’s Diner, the owner is offering the real estate and business assets—excluding the name—as they continue operations in Sturgis and Rapid City, SD. Buyers interested in operating a restaurant, the current ownership is open to providing transitional training. An experienced staff is in place and willing to stay, ensuring operational continuity.

Sundance is a vibrant town steeped in history and rich with tourism, offering the perfect backdrop for your next business venture or investment opportunity. Don’t miss this rare chance to own a landmark property where the charm of the Old West meets boundless modern potential.

Investment highlights

Seller offers 2 options:

  • They would be willing to train the buyer to set up their own branded restaurant;

  • Or, they would be willing to sell the property and equipment as a traditional sale.

The Uncle Louie’s Diner name does not convey with the sale.

Listing Contacts

MK
WY RE-16397, SD 16211
Century 21 Spearfish Realty
Listed by Century 21 Spearfish Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$71,095.00
$5,924.58/mo

Valuation Metrics

0
DSCR
14.25%
Cap Rate
14.25%
ROI

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Additional Information

Name
Mark Kazmer
License
RE-16397
Brokerage
Century 21 Spearfish Realty
Brokerage Phone
605-642-4607
Title
Broker Associate
Brokerage Address
123 East Jackson Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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