Deluxe Cleaners Business
1614 House Avenue, Cheyenne, WY 82001
For Sale
Contact for pricing
Established dry cleaning business with real estate for sale.
Property Size4,150 SF
Price / SF$174.70
Days on Market832
Property Features for 1614 House Avenue
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Zoning
Occupancy
Lease Type
Investment Type
Net Operating Income
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Tenancy
Listing Agency:
Coldwell Banker | The Property Exchange
Listed By:
Chuck West · License WY #12852
(307) 531-9636
Source:
Crexi
Added: Aug 3, 2024
Changed: Nov 10
Last Checked: Nov 12 at 4:31AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering features a retail space currently operating as Dash, Inc. dba Deluxe Cleaners. The business generated a gross income of $494,196 in 2025, with an actual net operating income of $128,766.44. The property size is 4,150 square feet. The current owner will provide training for the new owner for one month. SBA financing is available with 90% LTV and a 1.2 debt coverage ratio at 6% fixed for 20 years. The property is located in Cheyenne, Wyoming.
Key Highlights
- Established Business: Deluxe Cleaners with strong 2025 Gross Income ($494,196) and NOI ($128,766.44).
- SBA Financing Available: 90% LTV, 1.2 DCR, 6%/20 years fixed.
- Owner Training: Current owner will train new owner for one month.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,603
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$952,060
$952.1K
Cap Rate 7%
$680,043
$680.0K
Cap Rate 9%
$528,922
$528.9K
Market Conditions
NOI Build-Up for 4,150 SF
Gross rent
$77.2K $18.60/SF
− Vacancy
−$9.2K −$2.21/SF
EGI
$68.0K $16.39/SF
− OpEx
−$20.4K −$4.92/SF
NOI
$47.6K $11.47/SF
Area
Laramie County, WY
Vacancy
11.90%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$952,060
Cap Rate 7%
$680,043
Cap Rate 9%
$528,922
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,298
Businesses Nearby
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Business Placement
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
Properties on Market for Retail space in Cheyenne
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Established dry cleaning business with real estate for sale.
Where is this retail space located?
The property is located at 1614 House Avenue 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: Established Business: Deluxe Cleaners with strong 2025 Gross Income ($494,196) and NOI ($128,766.44).; SBA Financing Available: 90% LTV, 1.2 DCR, 6%/20 years fixed.; Owner Training: Current owner will train new owner for one month.
