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    502 S Main St Rock Springs, WY 82901

    For Sale
    $500,000

    Commercial Building - Rock Springs, WY

    Days on Market:
    75
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 502 S Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B3

    Building Details

    Year built
    1938
    Roof type
    Tar/Gravel
    Architectural style
    Other

    Keller Williams Realty Black Hills/Wyoming (605) 343-7500 [email protected]

    Listing agent Kody Watts (605) 343-7500 License #RE-15364

    Listing date Sep 22, 2025

    MLS# 20250601 Listing URL

    Copyright © 2025 Wyoming Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redevelopment Opportunity in Rock Springs

    This property in Rock Springs, WY, offers a redevelopment opportunity for investors. The building possesses a historic charm that could be preserved while transforming it into a desirable asset. The two upper floors are laid out for a multifamily conversion, creating housing while utilizing the property’s existing framework. The main floor provides a spacious area suited for a food court, restaurant, or traditional retail, adding tenant and leasing opportunities. The basement level is ideal for a storage unit development, offering practical utility space. The sale includes a 0.04 AC parcel next door. The city has extra land available for off-street parking. The property is zoned B3 and is suitable for mixed-use, multifamily, residential income, and retail purposes.
    Location Intelligence

    Current Use by Public Records

    Rock Springs Network ... Auto Insurance Agency SYSDOP LLC Web Hosting Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Rock Springs
    County
    Sweetwater
    State
    Wyoming
    Longitude
    -109.21963
    Latitude
    41.586515

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with redevelopment potential in Rock Springs, Wyoming.
    Where is this mixed-use property located?
    The property is located at 502 S Main St Rock Springs, WY.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Prime redevelopment opportunity to maximize value and implement a unique vision.; - Excellent layout for multifamily conversion on two upper floors, addressing housing needs.; - Spacious main floor suitable for a food court, restaurant, or retail, offering diverse tenant options.
    (605) 343-7500
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    502 S Main St Rock Springs, WY 82901
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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
    502 S Main St Rock Springs, WY 82901
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