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50 S MILLWARD ST
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$10,000,000 | Status: Active

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Town of Jackson Hotel & Redevelopment Opportunity Rare opportunity to purchase a two-lot commercially zoned property in the lodging overlay with coveted Downtown Core-2 zoning. The combined .34 acre adjoining lots are the home to the 12 room Jackson Pines Condo Resort, which can be rebranded and relaunched. The location is prime for redevelopment with proximity to the new Arts District West development as well as being situated only 700 feet from Town Square. Take advantage of generous building height allowances, flexible parking options and large floor area ratios. The two story, 10,554 square foot hotel features four one-bedroom apartments and eight two-bedroom apartments all with fully equipped kitchens.

Property Details


Lot Size Area: 0.34
Lot Size Units: Acres
Property Class: Commercial
Acres: 0.34
Zoning: Commercial

Building Features


Building Area Total: 10554
Stories: 22
Total Bathrooms Source: MLS
Listing Information: Non-Public: No
Category: Commercial w/Improvements
Space Avail. SqFt: 10554
Horses Allowed: No
Location, Legal & Taxes: Flood Zone: Unknown Flood Class: Unknown Ann. Assn Fee $: 0
Water: Public
Sewer: Public
Construction: Stick
Exterior: Brick
Comm/Loc Details: Inventory Inc.: 1 Lodging Overlay: 1 Outside Seating: 1 Street Frontage: 1
Roof: Other: 1
Air Conditioning: Wall Air Unit: 1
Heat: Elec. in Floor Other
Financial Data Avail: P&L Statement: 1
Documents: Lead Based Paint: 1

Pricing


List Price: $10,000,000.00
Major Change Timestamp: 2022-05-30T16:01:31Z
Major Change Type: New Listing
Mls Status: Active
Modification Timestamp: 2022-06-07T18:49:11Z
On Market Date: 2022-06-01T08:00:00Z
Original On Market Timestamp: 2022-06-01T08:00:00Z

Expenses


Tax Amount: 18620.17
Tax Legal Description: LOTS 7-8, BLK. 2, WORT-1
Tax Year: 2021
Taxes: 18620.17
Possession: At Closing
Agent Owned: N

Location


City: Jackson
County Or Parish: Teton
MLS Area Major: 08 - Town of Jackson
Parcel Number: 22-41-16-33-1-02-005
Subdivision Name: None
Address: 50 S MILLWARD ST, Jackson, WY 83001
Legal Description: LOTS 7-8, BLK. 2, WORT-1
Listing Office: Jackson Hole Sotheby's International Realty


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