Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
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Alternative Medicine Practice Spa & Massage Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning