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Bar and Lounge with Real Estate
For Sale
$780,000

822 Central Ave, Cheyenne, WY 82001

Acquire a long-established bar and lounge, including building and fixtures, with a package liquor license subject to approval.

Property Size3,448 SF
Price / SF$226.09
Days on Market86

Property Features for 822 Central Ave

General Information

Standard status Active
Size 3,448 SF
Total Parking Spaces 11
Property subtype Commercial

Additional Details

Business Included Yes
Liquor License Yes

Building Details

Building Size 3,448 SF
Year Built 1979
Stories 1
Listing Agency: #1 Properties
Listed By: Jim Weaver · License #10624
Source: Century21bell
Added: May 31 Changed: Aug 23 Last Checked: Aug 23 at 1:04PM

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 #1 Properties

Investment Insights

Based on property information with market context.

This offering combines a long-established bar and lounge operation with the underlying real estate. The purchase includes the commercial building, operating business, and all fixtures and furnishings. A package liquor license is included as part of the package, subject to approval by the City of Cheyenne. Please note that inventory is not included in the purchase price and will be sold separately. The property is housed in a 3,450-square-foot precast concrete building on a highly visible corner lot of just over one-third of an acre.

Located within the Downtown Development District and positioned along a major traffic corridor with daily traffic counts exceeding 20,000 vehicles, the site benefits from strong visibility and straightforward access. The property also features ample parking and a dedicated drive-through lane designed to support convenient customer flow.

For an owner-operator or a business-minded buyer, this is a turnkey acquisition that brings together an operating concept and the real estate that supports it. With the inclusion of the building, furnishings, and licensed package liquor operations subject to approval, the property is structured for continuity of use rather than start-from-scratch development. The assets are presented as a complete package, including the operating business history and established neighborhood presence.

Key Highlights

  • 3,450‑SF precast concrete bar and lounge building built in 1979
  • Just over 1/3‑acre corner lot in the Downtown Development District
  • Daily traffic counts exceeding 20,000 vehicles along a major traffic corridor

Property Analytics

Current Use

Keg 'n Kork ... Bar & Pub

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Veterinary Clinic Catering Service

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

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

2,248
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Crown Bar 222 W Lincolnway, Cheyenne, WY 82001
  • Lamp Lounge 101 W 6th St, Cheyenne, WY 82007
  • Keg 'n Kork Liquors & Lounge 822 Central Ave, Cheyenne, WY 82007
  • Chronicles Distilling 1506 Thomes Ave, Cheyenne, WY 82001
  • Freedom's Edge Brewing Co. 1509 Pioneer Ave, Cheyenne, WY 82001

Frequently Asked Questions

What type of property is this?
Bar & Pub - Acquire a long-established bar and lounge, including building and fixtures, with a package liquor license subject to approval.
Where is this bar & pub located?
The property is located at 822 Central Ave Cheyenne, WY.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: 3,450‑SF precast concrete bar and lounge building built in 1979; Just over 1/3‑acre corner lot in the Downtown Development District; Daily traffic counts exceeding 20,000 vehicles along a major traffic corridor
More about this property
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