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Property profile & analytics
OFF-MARKET
Commercial real estate

324 1 St Chugwater, WY 82210

12,548 SF 0.58 ac lot Built 1918
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a rare chance to acquire a piece of Chugwater, Wyoming's history. The property, located at 324 & 330 1st Street, encompasses a substantial 12,548 square feet situated on a 0.58-acre lot. Originally constructed in 1918, this building boasts a striking brick facade and has served the community for over a century as a hotel, bank, and restaurant. While the exterior maintains its historical charm, the interior requires significant investment and renovation. Decades of vacancy have resulted in a need for stabilization and restoration work to secure the building's future. Detailed documentation is available, including a comprehensive structural condition assessment that thoroughly outlines the necessary repairs and improvements. This assessment provides a clear understanding of the scope of work required to bring this landmark property back to its former glory. The property's strategic location between Cheyenne and Wheatland offers excellent potential for a variety of commercial uses, making it an attractive proposition for investors seeking a unique and historically significant project. The asking price is $74,900. This is a chance to revitalize a cherished community landmark and capitalize on its considerable potential. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Year built 1918
Total area 12,548 SF
Lot 0.58 ac (25,265 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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