1835 Madora Ave Douglas, WY 82633-3061
- Office buildings
- 2,911 SF
- 0.25 lot acres
Jun 01, 2022
Current Use by Public Records
- Office buildings
Property Details for 1835 Madora Ave
- Year built
- 1978
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.25 lot acres
- Property size
- 2,911 SF
- Property type
- Office buildings
- APN
- 89196
- APU
- 89196
Description
This exceptional 5,600 square foot office building presents a lucrative investment opportunity in the thriving city of Douglas, Wyoming. Situated on a 0.25-acre lot, this property boasts a prime location off Richards Street, surrounded by established businesses, ensuring high visibility and accessibility. The building features two main-level rental units, each offering significant income potential. One of these units is currently leased, providing immediate cash flow and the possibility of owner-occupancy. Adding to its versatility, a full basement with separate exterior entrances provides additional rental space or the potential for expansion and customization. This presents a unique opportunity for an investor seeking to diversify their portfolio or an owner-operator looking to combine income generation with their own business operations. The building's substantial size and flexible layout offer considerable adaptability to a variety of commercial uses. The asking price of $350,000 reflects the exceptional value and income-generating potential of this property. Don't miss this chance to acquire a high-return commercial asset in a desirable location. This property is ready for immediate income generation and offers significant long-term growth potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Douglas
- County
- Converse
- State
- Wyoming
- Longitude
- -105.364
- Latitude
- 42.7461
