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    Flexible Commercial Building with Parking Title is generated by Realmo AI

    205 BUTLER AVE, Pine Bluffs, WY 82082

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    Claim this Listing
    New
    For Sale
    $229,900

    COMMERCIAL - Pine Bluffs, WY

    Property size:
    1,144 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $200/SF
    Added:
    Jul 7, 2026
    Days on Market:
    2
    Last Refresh:
    Jul 8 at 1:06 am

    Property Features for 205 BUTLER AVE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Appliances
    Building, Land
    Standard status
    Active
    Size
    1,144 SF
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PINE BLUFFS BUSINESS PARK: W1/2 BLOCK 1

    Building Details

    Year built
    1993
    Building materials
    Frame
    Roof type
    Composition

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    Derede Darden
    Derede Darden

    Listing agent Derede Darden License #RE-16015

    Listing office eXp Realty, LLC 2617 E Lincolnway, Cheyenne, WY

    Listing date Jul 7, 2026

    MLS# 101353

    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.

    HighLights

    • 0.50‑acre commercial property in Pine Bluffs, located just off I‑80 for convenient interstate access
    • Total 2,288 sq. ft. with 1,144 sq. ft. on the main level
    • 1993 frame construction with a composition roof
    • Recent updates include fresh exterior paint, an updated main floor, and a remodeled bathroom
    • Flexible layout suited for retail, office, warehouse, service business, showroom, storage, or light commercial use
    • Located in the business park next to the Pine Bluffs RV/Trailer Park

    Overview

    This for-sale flexible commercial property totals 2,288 square feet, with 1,144 square feet on the main level. The space supports a range of business uses, and recent updates include fresh exterior paint, an updated main floor, and a remodeled bathroom. With its workable layout and tenant-ready improvements, the property can be adapted for retail, office, warehouse, service business, showroom, storage, or other light commercial operations.

    The property is located just off I-80 in Pine Bluffs, within a business park setting. It sits on approximately 0.50 acres and is positioned next to the Pine Bluffs RV/Trailer Park. The listing notes easy interstate access and ample parking to support both customers and employees.

    For an owner-user, the combination of straightforward main-level space, recent improvements, and flexible use can simplify planning for a retail storefront, service operation, or office/showroom setup. For investors or buyers seeking a multi-purpose commercial option, the property’s versatility and practical support for a variety of light commercial and storage-related uses may help align with different tenant needs.

    Local 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 $21.3k $18.60
    − Vacancy −$2.5k −$2.21
    EGI $18.7k $16.39
    − OpEx −$5.6k −$4.92
    NOI $13.1k $11.47
    1,144 SF · lease $18.60/SF/yr · vacancy 11.90% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $187.5K
    $164.0K – $218.7K (±1% cap)
    NOI $13,122 @ 7.0% cap · market cap 5.71%
    Second Best
    Warehouse
    $112.7K
    $98.6K – $131.5K (±1% cap)
    NOI $7,890 @ 7.0% cap · market cap 3.43%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Parking Lot & Garage Auto Repair Shop Auto Parts Store Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Pharmacy (Bike/Boat/Book/etc) Store Tanning Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Pine Bluffs
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.057213
    Latitude
    41.182514

    FAQs

    What type of property is this?
    Flex space - Versatile main-level workspace with updates, suited for retail, office, showroom, service, storage, or light commercial use.
    Where is this flex space located?
    The property is located at 205 BUTLER AVE Pine Bluffs, WY.
    What is the asking price?
    The asking price for this property is $229,900.
    What are key features of this property?
    This property features: 0.50‑acre commercial property in Pine Bluffs, located just off I‑80 for convenient interstate access; Total 2,288 sq. ft. with 1,144 sq. ft. on the main level; 1993 frame construction with a composition roof
    More about this property
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