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Historic Multi-Use Building with Loft

1713 PIONEER AVE Cheyenne, WY 82001

Claim this Listing
For Sale
$499,900

COMMERCIAL - Cheyenne, WY

Property size:
8,184 SF
Lot size:
0.19 Acres
Price / SF:
$61/SF
Added:
May 23, 2026
Days on Market:
50
Last Refresh:
Jul 11 at 3:06 am

Property Features for 1713 PIONEER AVE

General Information

Property type
Commercial Sale
Property subtype
Other
Appliances
Building, Land
Standard status
Active
Size
8,184 SF
Lot size
0.19 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
West 58' of S1/2 Lot 3, S1/2 Lot 4, Block 354
Tax Annual Amount
3713

Building Details

Year built
1923
Building materials
Brick

Listing agent Marilyn Thomasee License #3051

Listing office #1 Properties 6106 Yellowstone Rd, Cheyenne, WY

Listing date May 23, 2026

MLS# 100896

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


Investment Insights

Based on property information with market context.

Located at 1713 Pioneer Ave in Cheyenne, this historic multi-use building offers approximately 8,184 square feet and a very open floor plan suited to a range of commercial uses. The interior includes two bathrooms and a dedicated laundry area with washer and dryer hook-ups, supporting practical day-to-day operations. A loft area adds additional usable space and flexibility for office, storage, or other internal setups, depending on the business needs.

The property sits on a 0.19-acre lot in a historic downtown Cheyenne setting. Its size and open configuration can accommodate tenants looking for adaptable floor plates rather than tightly partitioned layouts. For buyers or operators, the combination of open space, support amenities like bathrooms, and the additional loft area provides a straightforward starting point for customization.

This offering is well-suited for buyers seeking a multi-use commercial building with a broadly flexible interior plan. The open floor design can work for a variety of service, retail, or office concepts that benefit from clear sightlines and configurable space. The presence of two bathrooms and laundry hookups further supports functional use for tenants who need those amenities as part of their operating requirements.

Key Highlights

  • Historic downtown Cheyenne location
  • Brick building built in 1923
  • Over 8,100 sq ft with a very open floor plan

Local Financial Insights For Office B

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 $65.8k $8.04
− Vacancy −$10.1k −$1.24
EGI $55.7k $6.80
− OpEx −$13.9k −$1.70
NOI $41.7k $5.10
8,184 SF · lease $8.04/SF/yr · vacancy 15.40% · expense 25.00%

Alternative Uses

Best Use
Retail
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,876 @ 7.0% cap · market cap 18.78%
Second Best
Office B
$596.4K
$521.9K – $695.8K (±1% cap)
NOI $41,750 @ 7.0% cap · market cap 8.35%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Loan Till Payday ... Loan Service

Suggested Use

Dental Office Storage Facility Grocery & Convenience Store HVAC Service Locksmith Carpet & Flooring Store Veterinary Clinic (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Potpourri Flowers & Gifts — 2314 Pioneer Ave suite a suite a, Cheyenne, WY 82001

FAQs

What type of property is this?
Storefront property - Multi-use building with an open layout, two bathrooms, laundry hookups, and a loft area for flexible space planning.
Where is this storefront property located?
The property is located at 1713 PIONEER AVE Cheyenne, WY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Historic downtown Cheyenne location; Brick building built in 1923; Over 8,100 sq ft with a very open floor plan
Contact an agent
More about this property
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