Property profile

138 Main St Sheridan, WY 82801

OFF-MARKET
Turn key restaurants
Property ID
US95-0164342
3,595 SF 0.06 ac lot Built 1910
Individually Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Sheridan, Wyoming commercial property, located at 138 N Main Street, presents a unique investment opportunity. Priced at $2,168,000, the property encompasses a 2,495 square foot building featuring a thriving, established café on the main floor operating under a triple net (NNN) lease. The café boasts strong cash flow and a proven track record, with financial details available upon request. The sale includes all fixtures, furniture, equipment (FF&E), and existing inventory. A smooth transition is facilitated by the seller's willingness to assist the new owner. Adding to the property's appeal is a newly remodeled 1,100 square foot apartment on the second floor. This apartment offers an open living space, a modern kitchen, and expansive windows providing stunning Main Street views. The apartment is a valuable asset, offering additional income potential or comfortable living quarters. Note that the restaurant and building are offered together, but the restaurant may be purchased separately. All square footage measurements are approximate. This property represents a rare chance to acquire a well-established business and a versatile commercial building in a desirable Sheridan location. The property is situated in Sheridan County, Wyoming, zip code 82801. Inquire today to learn more about this outstanding investment opportunity.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1910
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,595 SF
Lot 0.06 ac (2,625 SF)
APN 03-5684-27-4-01-003-25
UPID US95-0164342

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Alternative Medicine Practice Spa & Massage Center

Location

138 Main St Sheridan, WY 82801-3906
Sheridan metro Census 300 SHERIDAN, WY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2014
4 recorded transactions
2026
Price N/A
2025
Price N/A
2014
Price N/A
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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