Special offer

Jackson Hole: 115 West Broadway / Wort Plaza

By
Commercial Real Estate Agent with Contour Investment Properties

115 W Broadway, Jackson, WYThis historic Jackson Hole building, formerly known as The Roundup, was sold on February 11, and the new owner has wasted no time renovating the building. The interior has been completely gutted, and with a lucky break in the weather, the roof was completely torn off yesterday. Everyone hopes the clear weather holds, since the new roof trusses don't arrive til next week. If not, they'll be shoveling snow off of those hardwood floors!

Tenant interest in the building has been strong, no doubt spurred on by two front page newspaper articles discussing the sale and renovation. This has been a single tenant building all of its life, but is being remodeled with six leaseable bays. In the first two weeks of listing the building for lease, we had offers for five of those bays, and we now have two offers for the last unit. It sure is nice to see that much demand and optimism from retailers!

The owner plans to have the building back open for business by May 15, in time for Memorial Day weekend, which is the traditional kick off day for the summer tourist season here in Jackson, southern gateway to Yellowstone National Park.

Here are a few pictures I took of the building today.

Roof missing from buildingNo roof here, either

For further information, or to learn about the Jackson Hole commercial real estate 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

CCIM logoTim 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.

Posted by

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

CCIM logoTim 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.

Comments (6)

1~Judi Barrett
Integrity Real Estate Services 116 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

This is exciting to see the building renovated and so much interest in leasing the bays.  What type of businesses are coming on board.

Mar 12, 2011 01:37 PM
Brenda Whitman, Live in Laramie Real Estate
Live in Laramie Real Estate, Laramie, Wyoming - Laramie, WY
Broker/Co-Owner, Laramie, Wyoming

Wow, you are not kidding that they wasted no time!  Now I know why you've been so busy....

Mar 12, 2011 04:00 PM
Tim Bradley
Contour Investment Properties - Jackson Hole, WY
Commercial Real Estate Expert in Jackson Hole, WY

Hoping to get the last of the leases signed this week, but the offers are from clothing (one women's, one men's, one speciality), hair salon, gallery, design & home furnishings, coffee/dessert shop, stationery, jewelry, and several themes on gifts/tourist items. The owner is sorting through it all...

Mar 12, 2011 04:55 PM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

I love the fact it's on the corner...looks like a great location for a local business.  Any update on how things are progressing?

Mar 27, 2011 03:49 AM
Tim Bradley
Contour Investment Properties - Jackson Hole, WY
Commercial Real Estate Expert in Jackson Hole, WY

We signed the last lease this week. There will be five retail shops in the building: Jolly Jumbuck Leathers, Coco Chocolates, Paper & Grace, West Lives On gallery, and a yet-to-be-named hair salon. Construction is zipping along and I have a bet with the general manager on whether he will meet his opening deadline of May 15!

Mar 27, 2011 04:51 AM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!
Another great addition to Jackson Hole's local business. I'm sure leasing won't be a problem once this building is properly renovated. Thank you for sharing Tim.
May 26, 2013 03:09 PM