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Albany Specialty Property
For Sale
Contact for pricing
Pending

1506 Capitol Ave, Cheyenne, WY 82001

Established downtown business positioned across from the Union Pacific Depot and Downtown Plaza.

Property SizeContact for details
Days on Market145

Property Features for 1506 Capitol Ave

General Information

Standard status Pending
Property subtype Special Purpose, Business for Sale
Listing Agency: Coldwell Banker | The Property Exchange
Listed By: Bill Strickland · License #WY
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 10:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker | The Property Exchange

Investment Insights

Based on property information with market context.

The Albany is an established business property at 1506 Capitol Ave in Cheyenne, Wyoming. The business has operated in Downtown Cheyenne for over 100 years and has remained under the ownership of the same family for 79 years. The second generation of owners is transitioning toward retirement, creating an opportunity for new ownership to continue the operation or establish a new direction for the property.

The property is located in Historic Downtown, directly across from the Union Pacific Depot and Downtown Plaza. Its long operating history and recognizable Albany name provide substantial business context for a buyer evaluating this specialty property.

Key Highlights

  • Albany business operating in Downtown Cheyenne for over 100 years
  • Same family ownership for 79 years
  • Across from the Union Pacific Depot and Downtown Plaza

Property Analytics

Current Use

The Albany Restaurant

Suggested Use

Top Pick Dental Office Storage Facility Grocery & Convenience Store HVAC Service Carpet & Flooring Store Veterinary Clinic

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

3,387
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - Established downtown business positioned across from the Union Pacific Depot and Downtown Plaza.
Where is this specialty property located?
The property is located at 1506 Capitol Ave Cheyenne, WY.
What are key features of this property?
This property features: Albany business operating in Downtown Cheyenne for over 100 years; Same family ownership for 79 years; Across from the Union Pacific Depot and Downtown Plaza
More about this property
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