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Property profile & analytics
FOR SALE
Individual retail properties

1614 House Ave Warren Air Force Base Cheyenne, WY 82001

4,150 SF 0.2 ac lot Built 1945
Entity Owned 24-yr Hold Free & Clear
Property ID
US95-0020414
Property summary
AI-generated 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
Verified
Property type Individual retail properties
Use group DRY CLEANER
Year built 1945
Total area 4,150 SF
Lot 0.2 ac (8,712 SF)
Zoning code CBD
APN 11001038700010
UPID US95-0020414
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
Current use
Occupant on record · Public records
  • Deluxe Cleaners & Tailors (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
BASH INC
BASH INC
Zoning & alternative use
CBD · Cheyenne, WY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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