Multi-Use Commercial Property in
5201 Douglas S, Gillette, WY 82718
COMMERCIAL - Gillette, WY
Property size:
19,743 SFLot size:
2.55 AcresPrice / SF:
$212/SF- Added:
- Apr 27, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 14 at 8:06 pm
Property Features for 5201 Douglas S
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-1
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2
- Standard status
- Active
- Size
- 19,743 SF
- Lot size
- 2.55 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10052
Building Details
- Year built
- 2003
Listing agent Ryan Conklin License #3480 (307) 682-6622
Listing office RE/MAX Professionals 907 E Boxelder, Gillette, WY (307) 682-6622
Listing date Apr 27, 2026
MLS# 26-457
Copyright © 2026 Northeast Wyoming 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
- Multi‑use property totals 19,743 SF on a 2.55‑acre lot, including a 9,030‑SF retail liquor store/bar and a 10,713‑SF fitness center
- 9,030‑SF retail package liquor store and bar area includes large built‑in coolers and a spacious bar area
- 10,713‑SF fitness center features hot yoga room, spinning room, group fitness area, expansive cardio/fitness space, locker rooms, and laundry hookups
- Fire suppression systems throughout, plus tankless water heaters and roof‑mounted natural gas HVAC systems
- Outdoor patio includes an 800‑SF canopy and built‑in gas lines for fire pits and heaters
- Over 47,000 SF of asphalt with designated parking and drive lanes; access from Highway 59, Garner Lake Road, and S. Butler Spaeth Road
Overview
This versatile property offers a total of 19,743 square feet, divided into two main sections. The first section comprises 9,030 square feet and features a retail package liquor store and bar area, including the Axe House and Cigar Bar. This area includes large built-in coolers, a retail setup for packaged liquor, updated flooring, and a spacious bar area. The second section is a 10,713-square-foot, state-of-the-art fitness center with a hot yoga room, spinning room, group fitness area, expansive cardio and fitness space, locker rooms, and laundry hookups. All areas are equipped with fire suppression systems, tankless water heaters, and roof-mounted natural gas HVAC systems. The property also features an outdoor patio with an 800-square-foot canopy and built-in gas lines for fire pits and heaters. Situated on a 2.55-acre lot, the property provides over 47,000 square feet of asphalt for designated parking and drive lanes. Located at the intersection of Highway 59 and Garner Lake Road in Gillette, Wyoming, the property offers access from Highway 59, Garner Lake Road, and S. Butler Spaeth Road. The property is zoned C-1.
Local Financial Insights For Specialty 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 | $367.2k | $18.60 |
| − Vacancy | −$43.7k | −$2.21 |
| EGI | $323.5k | $16.39 |
| − OpEx | −$80.9k | −$4.10 |
| NOI | $242.6k | $12.29 |
19,743 SF · lease $18.60/SF/yr · vacancy 11.90% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$3.47M
$3.03M – $4.04M
NOI $242,640 @ 7.0% cap · market cap 5.78%
Second Best
Retail
$3.24M
$2.83M – $3.77M
NOI $226,464 @ 7.0% cap · market cap 5.39%
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
Grinners Bar & Liquor
Bar & Pub
The Axe House
Arcade & Gaming Center
Coffee Beanery Gillette ...
Cafe & Coffee Shop
Mandala Therapeutics LLC
Alternative Medicine Practice
allDimensions Fitness Center
Gym & Fitness Center
Similar Places Nearby
- Family Fun Frontier Center — 5700 S Douglas Hwy, Gillette, WY 82718
- Wyoming Academy Of Gymnastics And Dance — 5441 Swanson Rd, Gillette, WY 82718
- Underdog Nutrition & Gym — 4500 Wigwam Blvd, Gillette, WY 82718
- allDimensions Fitness Center — 5201 S Douglas Hwy Ste 100, Gillette, WY 82718
Location Insight
- Map
- Local Demand
- City
- Gillette
- County
- Campbell
- State
- Wyoming
- Longitude
- -105.478601
- Latitude
- 44.248416
Nearby Similar for Sale
FAQs
What type of property is this?
Fitness center & gym - Versatile 19,743 SF property with retail and fitness spaces.
Where is this fitness center & gym located?
The property is located at 5201 Douglas S Gillette, WY.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Multi‑use property totals 19,743 SF on a 2.55‑acre lot, including a 9,030‑SF retail liquor store/bar and a 10,713‑SF fitness center; 9,030‑SF retail package liquor store and bar area includes large built‑in coolers and a spacious bar area; 10,713‑SF fitness center features hot yoga room, spinning room, group fitness area, expansive cardio/fitness space, locker rooms, and laundry hookups
