202 E RAMSHORN STREET
At the heart of the rural, Western town of Dubois, Wyoming, the Ramshorn Inn complex offers the investor an exceptionally strong cash flow, a high rate of return on investment, and the possibility for a residence within the complex for the new owner. The Ramshorn Inn is the focal point to the two primary commercial blocks of downtown Dubois, the last town on the southeast highway approach to Yellowstone and Tetons National Parks. The present owners began an extensive renovation process in 2006, restoring the complex to its full status as a key anchor to the town. The complex features the Ramshorn Liquor and Fine Wines, the town's leading package liquor store; operated directly by the complex owners, it has ensured the profitability of their investment. The complex also offers the town's long-standing, premiere restaurant, the Nostalgia Bistro, serving attractive cuisine to visitors and locals alike year-round. A fly fishing and outdoor venture and guiding business occupies the front corner of the complex. Upstairs are five offices and a common kitchen, which may be converted to a residence where the owner of the complex might want to live while staying in Dubois. Much of the original 1950s paneling and decor is preserved on this second floor. The expansive rear lot of the complex can accommodate 20 cars and offers room for additional development. Anchoring the corner where US Highways 26 and 287 take a sharp turn, the complex consists of two historic, old West buildings joined together seamlessly: the former Stringer Hotel, built in 1914, for years the only 3-story building in town; and large single-story building that was for decades a popular steakhouse and dance hall. The other parts of the highway corner have also been revitalized over the past decade and now include a downtown park, galleries, renovated store fronts, and a popular second-hand store, all maintaining the attractive appeal of the surroundings of the Ramshorn Inn complex.
Property Type: Commercial
MLS Area: 13 - Dubois/Fremont County, WY
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