1614 House Ave Cheyenne, WY 82001
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Prime Cheyenne location, established business.
Property size:
4,150 SFProperty Features for 1614 House Ave
General Information
- Property type
- Individual retail properties
- Square Feet
- 4,150 SF
- Class
- C
- Lot Size
- 8,712 SF
Building Details
- Year Built/Renovated
- 1945/2000
- Buildings
- 1
- Stories
- 2
- Units
- 1
Listing Agent: Chuck West
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a thriving, owner-user convenience store in Cheyenne, Wyoming's central business district (CBD). The property, located at 1614 House Ave, encompasses a 4,150-square-foot retail space with a 100% occupancy rate, generating a gross income of $383,000 in 2023. The building, constructed in 1945 and renovated in 2000, sits on a 0.2-acre lot and includes 20 parking spaces. The property features a Class C building with two stories, offering a total of 4,150 square feet of net rentable space, priced at $174.70 per square foot. Significant air rights of 8,712 square feet are also available. The property is zoned for CBD use and includes a 900-square-foot upstairs office space (three offices and a half-bath) with rental potential of $15 per square foot annually. The sale includes the established business, Deluxe Tailors, operating under a gross lease, and a Chevy van. The seller is offering financing options with a 6% interest-only loan for three years. The property's Parcel Identification Number (APN) is PIDN: 14663143800100. This is a rare opportunity to acquire a profitable, established business with significant upside potential in a desirable location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Deluxe Cleaners & Tailors
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Cheyenne
- County
- Laramie
- State
- Wyoming
- Longitude
- -104.812305
- Latitude
- 41.13456432
Nearby Similar for Sale
FAQs
What type of property is this?
Individual retail property - Prime Cheyenne location, established business.
Where is this individual retail property located?
The property is located at 1614 House Ave Cheyenne, WY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Thriving convenience store in Cheyenne, WY's central business district (CBD).; Owner financing available at 6% interest-only for three years.; $383,000 gross income in 2023, representing a 7% cap rate.
