138 Main St Sheridan, WY 82801-3906
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.
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Cowboy Cafe Restaurant
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Blue Meadows Alternative Medicine Practice Spa & Massage Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.