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245 & 265 N MILLWARD Street
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$15,000,000 | Status: Active

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Rare commercial building redevelopment opportunity. This project encompasses four lots within the heart of downtown Jackson Hole. There are 33 residential units as well as a single-family home currently being leased long term. 2023 approved development plan with the Town of Jackson, aka the ''Millward Street Apartments'' which is comprised of 4,094 square feet of commercial approved for office and retail uses,7,763 square feet of short term rentals- 11 units (7 studios, 1- 1 bedroom, 2- 2 bedrooms & 1- 3 bedroom). 14,276 square feet of residential market units, 20 units total (11 studio, 2- 1 bedroom, 6- 2 bedroom & 1- 3bedroom). 9,423 square feet of residential workforce deed restricted- 17 units (14 studio, 1- 1 bedroom, 2- 2 bedroom for a total of 48 residential units.

Property Details


Lot Size Area: 0.64
Property Class: Commercial
Acres: 0.64
Zoning: Commercial

Building Features


Building Area Total: 28000
Total Bathrooms Source: MLS
Category: Commercial Building Site
Space Avail. SqFt: 0
Horses Allowed: No
Location, Legal & Taxes: Common Name: Angler Inn Flood Zone: Unknown Flood Class: Unknown Ann. Assn Fee $: 0
Compensation and Showing Info: Buyer Agent: Y Buyer Agent % or $: 2.5
Water: Public
Sewer: Public
Construction: Stick Other
Exterior: Combo Other
Comm/Loc Details: Offsite Emp. Housing: 1 Street Frontage: 1
Roof: Shake: 1
Air Conditioning: None: 1
Heat: Other
Financial Data Avail: Operating Expenses: 1 Net Operating Income: 1

Pricing


List Price: $15,000,000.00
Major Change Timestamp: 2023-07-26T01:12:06Z
Major Change Type: New Listing
Mls Status: Active
Modification Timestamp: 2024-04-18T17:18:48Z
On Market Date: 2023-07-26T08:00:00Z
Original On Market Timestamp: 2023-07-26T08:00:00Z

Expenses


Association Fee: 0
Net Operating Income: 0
Operating Expense: 0
Tax Amount: 33021
Tax Legal Description: Lots 3, 4, 5, and 6 of Block 2 of the Original Townsite of Jackson, Teton County, Wyoming, according to that plat recorded in the Office of the Teton County Clerk on July 18, 1901 as Plat No. 100.
Tax Lot: Other
Tax Year: 2022
Taxes: 33021
Possession: At Closing
Agent Owned: N

Location


City: Jackson
County Or Parish: Teton
MLS Area Major: 08 - Town of Jackson
Parcel Number: 22-41-16-28-4-05-003
Subdivision Name: Town of Jackson
Address: 245 & 265 N MILLWARD Street, Jackson, WY 83001
Legal Description: Lots 3, 4, 5, and 6 of Block 2 of the Original Townsite of Jackson, Teton County, Wyoming, according to that plat recorded in the Office of the Teton County Clerk on July 18, 1901 as Plat No. 100.
Listing Office: Jackson Hole Sotheby's International Realty


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