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Commercial Duplex with Workspace
For Sale
$275,000

406 1/2 South 4th Street, Thermopolis, WY 82443

Commercial zoning accompanies a primary residence, attached rental unit, and shop/workspace.

Property Size4,264 SF
Price / SF$64.49
Days on Market168

Property Features for 406 1/2 South 4th Street

General Information

Standard status Active
Size 4,264 SF
Property subtype Multi-family / Tri-Plex
Zoning COMMERCIAL

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,283

Amenities

shop/workspace
Rocky Mountain Power
Heat Pump
Tankless Hot Water Heater
Dishwasher, Range/Oven, Refrigerator
Concrete
T-Lock
Chain Link
Frame-Lap
Wood Frame
No

Building Details

Year Built 1925
Listing Agency: Roundtop Real Estate, LLC
Listed By: Kerri Manig · License #13538
Source: Compass
Added: Mar 17 Changed: Aug 30 Last Checked: Aug 30 at 10:25AM

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 Roundtop Real Estate, LLC

Investment Insights

Based on property information with market context.

Located at 406 1/2 South 4th Street in Thermopolis, Wyoming, this 4,264-square-foot duplex property was built in 1925. The primary residence includes 4+ bedrooms and provides substantial living space, while an attached rental unit creates a separate income-producing component.

The property also includes a shop/workspace, storage areas, and off-street parking. Commercial zoning adds flexibility to the existing residential-income configuration, and the layout includes the potential for a third rental unit. Interior features include a heat pump, tankless hot water heater, concrete elements, and a kitchen equipped with a dishwasher, range/oven, and refrigerator.

Key Highlights

  • 4,264‑square‑foot duplex property built in 1925
  • Primary residence includes 4+ bedrooms
  • Attached rental unit provides a separate income component

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Parking Lot & Garage Dental Office Big Box & Wholesale Store Grocery & Convenience Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby

Demographics for 82443, WY

4,501
Population
2,436
Households
1.8
Avg Household Size
49
Median Age
27%
College-Educated
95%
High-School Grad
1,053.9 sq mi
ZIP Area
4
Density / Sq Mi
$67,869
Median Household Income
$35,880
Median Earnings
$972
Median Rent
$217,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Commercial zoning accompanies a primary residence, attached rental unit, and shop/workspace.
Where is this duplex located?
The property is located at 406 1/2 South 4th Street Thermopolis, WY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 4,264‑square‑foot duplex property built in 1925; Primary residence includes 4+ bedrooms; Attached rental unit provides a separate income component
More about this property
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