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Mixed-Use Property with Duplex
For Sale
$475,000

540 W MAIN ST, Newcastle, WY 82701

COMMERCIAL, Newcastle, WY

Property Size2,409 SF
Lot Size2.47 Acres
Price / SF$197.18
Days on Market714

Property Features for 540 W MAIN ST

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Subdivision Newcastle
Standard status Active
Size 2,409 SF
Lot size 2.47 Acres

Additional Details

Tenant in Place Yes
Property Use Duplex and Shop

Taxes and HOA fees

Tax Year 26
Tax Annual Amount 2515

Building Details

Year built 1981
Number of units 3
Listing Agency: RE/MAX In The Hills · RE/MAX International
Listed By: Bud Hannah
Added: Nov 20, 2024 Changed: Nov 2 Last Checked: Nov 3 at 9:06PM
MLS# 82473

Copyright © 2026 Mt. Rushmore Area Association 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.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property combines residential space and commercial improvements. The duplex has four bedrooms and two bathrooms, with both units rented. A shop below the residences is available for rental, and a separate building is also rented. The property includes 2,409 square feet of building area and was built in 1981.

The site covers 2.47 acres in Newcastle, Wyoming, and is zoned Heavy Industrial. Parking is available on the property.

Key Highlights

  • Two‑bedroom duplex configuration with 4 bedrooms and 2 bathrooms; both units are rented
  • Shop beneath the duplex is available for rental
  • Separate building is rented

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Law Firm Big Box & Wholesale Store Building Supply

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

Location Intelligence

Trade Area within ½ mile

262
Businesses Nearby

Demographics for 82701, WY

5,309
Population
2,541
Households
2.1
Avg Household Size
45
Median Age
18%
College-Educated
93%
High-School Grad
1,798.5 sq mi
ZIP Area
3
Density / Sq Mi
$88,843
Median Household Income
$38,714
Median Earnings
$711
Median Rent
$218,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A duplex sits above a shop, with a separate rented building and ample parking on a heavy industrial-zoned parcel.
Where is this mixed-use property located?
The property is located at 540 W MAIN ST Newcastle, WY.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑bedroom duplex configuration with 4 bedrooms and 2 bathrooms; both units are rented; Shop beneath the duplex is available for rental; Separate building is rented
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