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    1620 Thomes Ave Cheyenne, WY 82001

    Under Contract
    For Sale
    $1,100,000

    Commercial - Cheyenne, WY

    Property size:
    13,114 SF
    Lot size:
    0.27 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 1620 Thomes Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Size
    13,114 SF
    Lot size
    0.27 Acres

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas

    Building Details

    Year built
    1957
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Other
    Architectural style
    Other

    RE/MAX Capitol Properties (307) 635-0303 [email protected]

    Listing agent Steven Prescott (307) 635-0303

    Listing date Nov 24, 2025

    MLS# 95816 Listing URL

    Copyright © 2025 Cheyenne Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Cheyenne Mixed-Use Opportunity

    This commercial building in downtown Cheyenne offers a versatile opportunity for office, retail, or warehouse use. The property features 6,677 square feet on the main level, which includes several offices, bathrooms, a showroom, storage areas, and warehouse space. Additionally, there is 6,437 square feet of unfinished basement space, accessible via a manual utility elevator. Situated on a 0.27-acre lot at the corner of Thomes and 17th Street, the building benefits from high visibility and traffic count, along with alley access. The property has been well-maintained. The total property size is 13,114 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cheyenne Creativity Center Art Center

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.81934
    Latitude
    41.132008

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    FAQs

    What type of property is this?
    Office space - Office, retail, or warehouse opportunity in downtown Cheyenne.
    Where is this office space located?
    The property is located at 1620 Thomes Ave Cheyenne, WY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - High-traffic corner location in downtown Cheyenne with excellent exposure.; - Large main level space (6677 sq ft) suitable for office, retail, or warehouse use.; - Significant unfinished basement space (6437 sq ft) with manual utility elevator.
    (307) 635-0303
    Request Owner's contact information
    1620 Thomes Ave Cheyenne, WY 82001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1620 Thomes Ave Cheyenne, WY 82001
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