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Historic Cheyenne Elevator Redevelopment Opportunity
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800 & 816 W 21st St, Cheyenne, WY 82001

Redevelopment and investment opportunity in Cheyenne's growth corridor.

Property Size9,942 SF
Lot Size0.59 Acres
Price / SF$90.32
Days on Market192

Property Features for 800 & 816 W 21st St

General Information

Standard status Active
Size 9,942 SF
Lot size 0.59 Acres
Property subtype Special Purpose
Zoning LI
Listing Agency: Coldwell Banker | The Property Exchange
Listed By: Tanya Keller · License #WY 12868
Source: Crexi
Added: Feb 21 Changed: Aug 31 Last Checked: Jul 17 at 11:11AM

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 offering presents a redevelopment and investment opportunity situated on two contiguous lots totaling approximately 25,674 square feet. The property is located in one of Cheyenne's anticipated growth corridors, the historic Old Cheyenne Elevator, along the emerging Reed Corridor. The site includes six buildings totaling nearly 10,000 square feet. Currently, three leased structures generate income, providing flexible options for redevelopment, adaptive reuse, or continued operations. Four additional buildings are vacant and fully gutted, ready for renovation or creative re-imagination. The original Cheyenne Grain Elevator, dating to 1912, is the centerpiece of the property. This historic icon served the area for decades before ceasing operation in the 1980s and anchors the property's character and story, representing Cheyenne's agricultural and industrial legacy.

Key Highlights

  • Rare redevelopment opportunity in Cheyenne's anticipated Reed Corridor.
  • Significant income potential from three currently leased buildings.
  • Large lot size: ±25,674 square feet across two contiguous lots.

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Florist Locksmith Fish Market Storage Facility

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

4,065
Businesses Nearby

Demographics for 82001, WY

37,528
Population
17,977
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
95%
High-School Grad
55.1 sq mi
ZIP Area
681
Density / Sq Mi
$74,149
Median Household Income
$45,456
Median Earnings
$1,044
Median Rent
$291,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - Redevelopment and investment opportunity in Cheyenne's growth corridor.
Where is this specialty property located?
The property is located at 800 & 816 W 21st St Cheyenne, WY.
What is the asking price?
The asking price for this property is $898,000.
What are key features of this property?
This property features: Rare redevelopment opportunity in Cheyenne's anticipated Reed Corridor.; Significant income potential from three currently leased buildings.; Large lot size: ±25,674 square feet across two contiguous lots.
(307) 287-8230 Call to check price and availability
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