Retail Space with Operator
1614 House Ave Cheyenne, WY 82001
For Sale
Contact for pricing
Retail space includes BASH, Inc. assets and comes with owner training for a new operator after closing.
Property Size4,150 SF
Price / SF$174.70
Days on Market459
Property Features for 1614 House Ave
General Information
Standard status
Active
Size
4,150 SF
Property subtype
RETAIL
Listing Agency:
Coldwell Banker Commercial | The Property Exchange
(307) 531-9636
Listed By:
Chuck West · License #12852
(307) 531-9636
Source:
Moodyscre
Added: Apr 28, 2025
Changed: Jul 29
Last Checked: Jul 29 at 8:31PM
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 Commercial | The Property Exchange
Investment Insights
Based on property information with market context.
This retail space includes all of the assets of BASH, INC., with an equipment list available in Associated Docs. The owner will carry financing with 50% down, interest only at 6% for 3 years, and will spend one month training the new operator after closing.
The property is located at 1614 House Ave, Cheyenne, WY 82001. For income performance context, the projection and results cited include a cap rate of 6.84%.
The offering is structured around both the included business assets and the post-closing training and financing terms described, supporting continuity for an incoming operator.
The property is located at 1614 House Ave, Cheyenne, WY 82001. For income performance context, the projection and results cited include a cap rate of 6.84%.
The offering is structured around both the included business assets and the post-closing training and financing terms described, supporting continuity for an incoming operator.
Key Highlights
- Includes all assets of BASH, INC. with an equipment list in Associated Docs
- Owner will carry financing with 50% down, interest only at 6% for 3 years
- One month of owner training for the new operator after closing
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.2k | $18.60 |
| − Vacancy | −$9.2k | −$2.21 |
| EGI | $68.0k | $16.39 |
| − OpEx | −$20.4k | −$4.92 |
| NOI | $47.6k | $11.47 |
4,150 SF · lease $18.60/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$680.0K
$595.0K – $793.4K
NOI $47,603 @ 7.0% cap · market cap 6.57%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Retail space includes BASH, Inc. assets and comes with owner training for a new operator after closing.
Where is this retail space located?
The property is located at 1614 House Ave Cheyenne, WY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Includes all assets of BASH, INC. with an equipment list in Associated Docs; Owner will carry financing with 50% down, interest only at 6% for 3 years; One month of owner training for the new operator after closing
