308 2nd St Laramie, WY 82070-3671

This exceptional mixed-use property, located at 308 S 2nd St in Laramie, Wyoming, presents a unique investment opportunity. The 15,739 square foot building, constructed in 1930 and meticulously restored, boasts a blend of historic charm and modern amenities. The two-story structure features a ground floor retail space currently operating a successful home furnishings and decor business, established as a local landmark. The upper floor comprises three separately rentable vacation units, consistently generating income through platforms like VRBO, with capacities ranging from four to ten guests. The property sits on a 0.15-acre lot and is zoned DC. The building's features include original hardwood floors, original light switches, and a sleek black garage storefront door. Its central downtown location in Laramie, Wyoming, benefits from high foot traffic and proximity to the University of Wyoming, offering a strong tenant base and tourism potential. The property's current 100% occupancy and 5.00% cap rate demonstrate its strong financial performance. This owner-user investment opportunity offers a compelling combination of established income streams and significant upside potential. The existing business is available for sale separately. Laramie's strategic location near Cheyenne, Fort Collins, and Denver provides easy access to major urban centers. The property's blend of retail and residential components makes it an ideal investment for those seeking a diversified portfolio.