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    Cheyenne, WY
    Conventional Restaurant

    Cheyenne, WY Conventional Restaurants for Sale

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    Laramie, WY Carpenter, WY Burns, WY
    Two-Story Retail and Medical Building
    Updated: Dec 11, 2025
    Two-Story Retail and Medical Building

    4620 GRANDVIEW AVE, Cheyenne, WY 82009

    $5,685,000
    31,047 sqft · 0.99 AC lot
    Own a 2‑story commercial building built in 1985 on Dell Range Blvd
    Leased spaces include a restaurant, dental office, and childcare center
    Multiple suites with open floor plans and large windows for flexible business layouts
    Roof type: membrane
    Ample on‑site parking with easy ingress & egress
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    This listing looks promising.

    Here's a quick look at some key insights for

    4620 GRANDVIEW AVE, Cheyenne, WY 82009

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $356K
      Annual

    • Mortgage

      $1.55M
      Mar 2020

    • Property Type

      Neighborhood: Shopping Center, Strip Center, Enterprise Zone
      Built 1985
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    Applebee's Restaurant For Sale
    Updated: Mar 18
    Applebee's Restaurant For Sale

    1401 Dell Range Blvd, Cheyenne, WY 82009

    $4,250,000
    5,685 sqft
    Absolute triple‑net lease with Applebee's, expiring in December 2032, including four (4) five‑year renewal options and contractual rent increases.
    Lease is guaranteed by Flynn Group, the world’s largest Applebee’s franchisee with 460 locations.
    Located adjacent to the Frontier Mall, a 524,000‑square‑foot regional shopping destination with 2.9 million annual visits.
    Prominent location on Dell Range Boulevard, the primary retail corridor in Cheyenne, surrounded by major national retailers.
    Freestanding 5,685‑square‑foot retail facility occupied by Applebee's since 1992.
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Cheyenne, WY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Restaurant with Commercial Kitchen
    Turnkey Restaurant with Commercial Kitchen

    515 W 5TH ST, Pine Bluffs, WY 82082

    $485,000
    2,400 sqft · 0.39 AC lot

    Turnkey restaurant building constructed in 2019, sold with kitchen equipment and point-of-sale for immediate operation.

    View details
    Fort Collins Commercial Property For Sale
    Fort Collins Commercial Property For Sale

    2602 N Taft Hill, Fort Collins, CO 80524

    $875,000
    2,350 sqft · 0.50 AC lot

    2,350 SF commercial property with processing equipment included.

    View details
    Turnkey Restaurant with Paved Parking
    Turnkey Restaurant with Paved Parking

    515 W 5th St, Pine Bluffs, WY

    $485,000
    2,400 sqft

    Move-in-ready 2019 restaurant includes full kitchen and dining buildout plus ample paved parking.

    View details
    Restaurant Opportunity Near Harmony Road
    Restaurant Opportunity Near Harmony Road

    2400 E Harmony Rd, Fort Collins, CO 80528

    $2,425,000
    4,109 sqft

    Turn-key restaurant for sale or lease near new construction.

    View details

    Cheyenne, WY Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Cheyenne, WY on our real estate platform. These investment opportunities span a total of 36,732 square feet of properties for sale, with an estimated market value of $9,935,000.

    Sale prices for conventional restaurants in Cheyenne, WY start at $4,250,000, averaging $4,967,500, and reaching up to $5,685,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 3
    Conventional restaurants 2
    Coffee shops 1

    Demographics Overview

    Population 96K
    Population Growth (5Y) -1.7%
    Median Household Income $80,489
    College Educated 14.4%

    High-Yield Neighborhoods for Investment

    Identify Cheyenne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    82009 $5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Laramie County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Cheyenne fall within the 5,000 to 10,000 square foot range.

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