Jackson Hole: 15 E Deloney / Jackson Drug Building

This iconic Jackson Hole building is right on the Town Square, and was home to Jackson Drug for decades. Generations of visitors to Jackson Hole remember getting an ice cream shake at the famed soda bar in the building. Built in 1932, the building has a stacked stone foundation, a basement, and two floors above ground. The ground floor was home to the soda fountain and Jackson Drug, and the second floor had an apartment that was home to many generations of ski bums.

When the druggists decided to retire in 2001, we brokered the lease of the building with a purchase option in the lease. The new tenants exercised the purchase option in 2005. They remodeled the building beautifully, adding structural supports, rewiring the interior, redoing the apartment upstairs, and upgrading the facade of the building. The soda fountain was taken out, and the building became home to the Davies Reid Gallery, showcasing fine rugs from Pakistan along with art and curios from around the world.

In a sign of the times, the building was recently posted for foreclosure. The owners listed the building for $6,975,000 early this year, and the price has now dropped to $5,400,000.

For further information, or to learn more about the Jackson Hole commercial market, please contact:

Tim Bradley
Owner/Broker
Contour Investment Properties
172 Center Street, Suite 200
PO Box 1152
Jackson, WY 83001
(307) 733-6400
www.contourproperties.com

Tim Bradley is an owner of Contour Investment Properties, the only brokerage firm in Jackson exclusively focused on commercial and investment property in Jackson Hole and Teton Valley. Tim has earned the MAI designation from the Appraisal Institute as well as the CCIM designation from the CCIM Institute.