Downtown Flex Warehouse
310 E 17th St Cheyenne, WY 82001
310 E 17th St, Cheyenne, WY, 82001
$1,500,000
For Sale
$1,500,000
Heated warehouse with three overhead doors and a showroom, offices, restrooms, and breakroom.
Property Size8,527 SF
Price / SF$175.91
Days on Market10
Property Features for 310 E 17th St
General Information
- Standard status
- Active
- Size
- 8,527 SF
Listing agency
Coldwell Banker, The Property Exchange
(307) 286-7112
Listed by
Ben Trautwein · License #11590
(307) 286-7112
Source
Exprealty
Added: Jul 14 Updated: Jul 22 at 1:22PM Checked: Jul 22 at 1:22PM
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.
This downtown flex warehouse facility is currently configured as a showroom and storage space for a flooring business. The layout includes a large, open showroom with big windows, along with a breakroom, restrooms, and multiple individual offices. The warehouse area is described as being in immaculate condition, with two 12' overhead doors and one 10' overhead door.
The building opens directly into a private parking lot and includes heated space for year-round use. The property is located in the heart of downtown Cheyenne, just off East 17th Street, and is minutes from Cheyenne Regional Hospital and the State Capitol.
The combination of a street-facing showroom, office support spaces, and multiple overhead doors makes this facility suitable for a range of commercial uses where both customer presentation and storage/warehouse access matter.
The building opens directly into a private parking lot and includes heated space for year-round use. The property is located in the heart of downtown Cheyenne, just off East 17th Street, and is minutes from Cheyenne Regional Hospital and the State Capitol.
The combination of a street-facing showroom, office support spaces, and multiple overhead doors makes this facility suitable for a range of commercial uses where both customer presentation and storage/warehouse access matter.
Key Highlights
- Heated warehouse space with 3 overhead doors: two 12' and one 10' door
- Large open showroom with big windows and clean, updated finishes
- Includes breakroom, restrooms, and multiple individual offices
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 | $158.6k | $18.60 |
| − Vacancy | −$18.9k | −$2.21 |
| EGI | $139.7k | $16.39 |
| − OpEx | −$41.9k | −$4.92 |
| NOI | $97.8k | $11.47 |
8,527 SF · lease $18.60/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.40M
$1.22M – $1.63M
NOI $97,810 @ 7.0% cap · market cap 6.52%
Second Best
Warehouse
$840.2K
$735.2K – $980.2K
NOI $58,813 @ 7.0% cap · market cap 3.92%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Modern Flooring Interiors
Carpet & Flooring Store
Similar For Sale Nearby
Similar Off Market Nearby
- Y'erbellies — 17th and, Warren Ave, Cheyenne, WY 82001
- Jay's Northwoods BBQ — 1717 Warren Ave, Cheyenne, WY 82001
- Girls Gone Gourmet Catering LLC — E 25th St, Cheyenne, WY 82001
FAQs
What type of property is this?
Flex space - Heated warehouse with three overhead doors and a showroom, offices, restrooms, and breakroom.
Where is this flex space located?
The property is located at 310 E 17th St Cheyenne, WY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Heated warehouse space with 3 overhead doors: two 12' and one 10' door; Large open showroom with big windows and clean, updated finishes; Includes breakroom, restrooms, and multiple individual offices
