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    OFF-MARKET
    Office buildings

    722 Cedar Ave, Kemmerer, WY 83101-2940

    2,496 SF 0.09 ac lot Built 1976
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US95-0122387
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 722 Cedar Avenue in Kemmerer, Wyoming, presents a unique investment opportunity. The building boasts a substantial 4,992 square feet of space situated on a 0.09-acre lot. Its convenient location, just one block from the main road in the original townsite, ensures high visibility and accessibility. The building's layout offers considerable flexibility. Multiple offices are available, allowing for the accommodation of several tenants, generating diverse income streams. Alternatively, the ground floor could be utilized for a single business owner's operations, with the fully separate basement level offering additional rental income potential via its own private entrance. This adaptability makes the property suitable for a wide range of commercial ventures. The asking price for this well-positioned and versatile commercial building is $299,000. This represents a compelling opportunity to acquire a significant asset in a thriving Wyoming community. The property's size and layout provide ample space for expansion or customization to meet specific business needs. Don't miss this chance to secure a prime commercial location in Kemmerer.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1976
    Construction FRAME
    Total area 2,496 SF
    Lot 0.09 ac (4,100 SF)
    APN 21161443127200
    UPID US95-0122387
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    ROGER A SCHANZENBACH
    ROGER A SCHANZENBACH
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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