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Fast-Food Restaurant with Equipment

1121 W 16TH ST, Cheyenne, WY 82001

For Sale
$497,900

Commercial/Industrial, Cheyenne, WY

Property Size1,386 SF
Lot Size0.37 Acres
Price / SF$359.24
Days on Market50

Property Features for 1121 W 16TH ST

General Information

Property type Commercial Sale
Property subtype Other
Appliances Building, Fixtures, Land
Subdivision LARAMIE
Standard status Active
Size 1,386 SF
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description See county records
Tax Annual Amount 1600
Legal Description See county records

Building Details

Year built 1964
Building materials Frame
Roof type Composition
Listing Agency: #1 Properties
Listed By: Marilyn Thomasee · License WY #3051
Added: Sep 24 Changed: Oct 5 Last Checked: Nov 12 at 8:06PM
MLS# 102211

Copyright © 2026 Cheyenne MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,386-square-foot fast-food restaurant has a kitchen and dining area, with equipment and fixtures included. Built in 1964, the frame building has a composition roof and sits on a 0.37-acre lot. A paved parking lot is also part of the property.

The property is on the west edge of Cheyenne at 1121 W 16th St.

Key Highlights

  • 1,386‑square‑foot restaurant on a 0.37‑acre lot
  • Kitchen and dining areas
  • Equipment and fixtures included

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Storage Facility Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,740
Businesses Nearby
Balanced
Demand for This Use

Demographics for 82001, WY

37,528
Population
17,977
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
95%
High-School Grad
55.1 sq mi
ZIP Area
681
Density / Sq Mi
$74,149
Median Household Income
$45,456
Median Earnings
$1,044
Median Rent
$291,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The restaurant includes kitchen and dining areas, equipment, fixtures, and a paved parking lot.
Where is this conventional restaurant located?
The property is located at 1121 W 16TH ST Cheyenne, WY.
What is the asking price?
The asking price for this property is $497,900.
What are key features of this property?
This property features: 1,386‑square‑foot restaurant on a 0.37‑acre lot; Kitchen and dining areas; Equipment and fixtures included
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