Real estate in Jackson Hole tends to be expensive, but here's some bargain property! Last Friday, this parcel had a lovely view of the Snake River. By Sunday, it was riverfront property, and since then, it's been heading downstream...
What doesn't end up in the Snake is being hauled off by the Wyoming Department of Transportation. The heavy winter snowpack and wet spring caused this drainage to slide off the hillside, blocking Highway 89/26 between Hoback Junction and Alpine. The slide covers 300 feet of the highway, is 40 feet high, and extends over 2,000 feet from the top of the slide to the river. Highway engineers estimate it will take a week to clear it off the road, once the slide quits moving. At one point it was moving at a foot per minute, but as of today, it was down to a foot per hour.
So is it still real estate if it's moving?
Join Rotary in the Spring Cleanup!
The second Saturday in May each year is the annual Town Clean Up, sponsored by the lunch Rotary Club. Jackson Hole is covered in snow from November to April, and when it finally melts, the roadsides have accumulated a lot of litter. Who still throws garbage out of their cars anyway??
The Rotary Club sponsors a cleanup day every May. The day starts with coffee, juice and donuts on the Town Square, and then friends and businesses all set out for different areas of town and sections of the highway. Trash bags are donated, hundreds of people show up to participate. The work only takes 2-3 hours, and then everyone meets back at the Square for a huge free hamburger cookout, live music, and storytelling.
Everything is donated, so all you need is a good attitude and some work gloves.
Our best find today was a small bottle of nipple cream. How exactly do you lose a bottle of nipple cream on the side of a highway?
To find the best place to pick up trash, or to learn about the Jackson Hole commercial real estate market, call me!
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.
What do Abbottabad, Pakistan and Jackson Hole, Wyoming have in common?
A. Home to wealthy second homeowners
B. Beautiful mountain setting with wildlife, wild rivers, and wild nightlife
C. Politically tolerant haven in a conservative stronghold
From the Yahoo News story about Abbottabad:
"Abbottabad is a mountain city of approximately 120,000 people in the northern region of Pakistan. It has a reputation for greater tolerance than many other cities in the conservative northern region—largely because it has been home to many foreigners and outsiders over the years. It is a retirement town known for protecting the privacy of its wealthier inhabitants—the Jackson Hole of Pakistan, to put it in American terms."
Well, they say any press is good press, so I guess I won't complain. But for my money, Jackson Hole is home!
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.
There are two very large real estate companies in Jackson Hole, and a host of smaller ones. Sotheby's International Realty, with some 119 licensed agents, loves to advertise their dominant market position, created, of course, by virtue of the number of agents in the office. The second largest firm, weighing in at around 88 agents, is Jackson Hole Real Estate Associates, and their advertising emphasizes that they are the largest locally owned real estate company. They both love to tout their international affiliations.
Contour Investment Properties has three agents in Jackson. And it turns out, it's not how big you are, it's what you know and what you can do. And Contour Investment Properties knows commercial real estate.
It's the end of an era for this historic building in Jackson Hole, and the start of a new one. The Roundup building, as it has come to be known, was originally built in 1947 as a small retail store. In 1980, the original 1,750 square foot building was enlarged to over 12,000 square feet. The original structure was retained, and a new building was added on to the back of the first building.
One tenant occupied the building for the virtually all of its life: The Roundup. The Roundup sold cowboy boots and hats, and for the last 30 years, lots of postcards and tourist-oriented Western themed kitsch. Alas, all things come to an end. The Roundup's lease expired at the end of 2008, and the family that had owned the building all those years sold to an investor. The economy ground to a halt, and that investor decided not to pursue his plans of a remodel, instead reselling the building.
That new owner takes title to the building tomorrow, and plans to restore the building. It will be renamed Wort Plaza, reflecting the grand historic Wort Hotel directly across the street. New tenants are negotiating terms in the space, which should be open for business this summer.
And so a new era begins!
I'm proud to have brokered the sale of this building twice, and am working closely with the new owner to fill it with new, upscale tenants. We look forward to showing off the newly revitalized building, and see it full of happy vacationers and local shoppers!
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
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.
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Commercial and investment real estate specialist, holding both the MAI and CCIM designation. We specialize in commercial property leases and sales in Jackson Hole, Wyoming.
Contour Investment Properties was formed in May 2008 by three brokers with over 50 years of collective experience in commercial brokerage. The company focuses on commercial and investment opportunities in Jackson Hole and Teton Valley, including retail, office, warehouse, and land development.
Beyond brokerage, the partners have experience as retailers, developers, appraisers, property managers, and marketing directors. The marriage of this background and their brokerage expertise create an unbeatable combination.
Tim Bradley began his career in commercial real estate in 1987, after graduating from University of Texas with an MBA in real estate and finance. He moved to Jackson in 1999 after a 12 year career as a commercial appraiser in Dallas, Tx. Licensed as a broker and an appraiser, Tim specializes in the leasing and sale of office, retail, and industrial property in Jackson Hole. He has closed over 170 commercial leases and sales in Jackson since beginning his brokerage practice in 2002.
Tim is a Certified Commercial Investment Member (CCIM). Only 6 percent of the estimated 150,000 commercial real estate practitioners nationwide hold the CCIM designation. He has also earned the designation of MAI with the Appraisal Institute, the highest designation available for commercial appraisal. Tim is a past treasurer and president of the Board of Directors of Teton Literacy Program and recipient of their Founder’s Award, and has twice served as a board member for the 200 member Rotary Club of Jackson Hole, receiving the Rotarian of the Month award in September 2011.
At Contour Investment Properties, we specialize in commercial investment real estate, both leasing and sales. The transactions range from one year leases to multi-million dollar sales, with each transaction receiving the same focus and dedication that you deserve. For a more complete overview of my background and our capabilities, available properties, and closed transactions, please visit our website at www.contourproperties.com.
I recently was involved in a transaction with Tim to acquire a piece of property for a local human service non-profit. What really impressed me about Tim and his dedication to service occurred months later, when we were in the design phase of the project. Tim spent several volunteer hours with me researching the feasibility of our plans, the current applicable zoning and neighborhood CCRs. Tim was an invaluable source of insight and professionalism. www.jhccc.org
Tom Hickey, Director of Development, Jackson Hole Community Counseling Center
Dear Tim,
We would like to thank you for all your help in our recent building sale. We found you to be extremely responsive and professional at all times. We felt that you kept our sale as a top priority and because of that we were able to turn our property much quicker than we had anticipated. Please feel free to share our name with prospective clients.
Stephen and Karen Gieck, Wyoming Mechanical
Jackson, WY
I would not be in the wonderful space that I am in right now if it wasn't for Tim Bradley. He was very attentive, knowledgable, and dedicated to doing the best job possible. I believe that Tim is the best man Jackson has to offer for commercial leasing. www.astoriafineart.com
Greg Fulton, Astoria Fine Art
Wood has been the preferred building material for thousands of years, because it is one of the few materials that will rot as well as burn.
Dave Barry
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