216 W Lincolnway - Storefront Retail/Office FOR SALE


Cheyenne, WY 82001
$1,900,000 USD
307-630-5161
216 W Lincolnway, Cheyenne, WY for Sale
$1,900,000 USD
Storefront Retail/Office - FOR SALE
1/67
null | Request Cap Rate

216 W Lincolnway
Cheyenne, WY 82001


HIGHLIGHTS

  • Shopping, Dining District
  • High visibilty and Foot Traffic

OVERVIEW

Nestled in the vibrant heart of downtown Cheyenne, this historic building, constructed in 1882, embodies the rich heritage of Wyoming's OldWest. Offering a blend of office and retail spaces, it showcases a thriving commercial environment. Currently, the ground floor is home toestablished retail tenants, including Wyoming Home, which has enjoyed over two decades of occupancy. The upper levels feature more than 8,500 square feet of office space, with the largest suite measuring approximately 4,500 square feet available for lease at the end of the firstquarter of 2025. The building is fully ADA accessible and includes an elevator, ramps, and spacious hallways to ensure ease of access.Investors will appreciate the potential cap rate exceeding 6.5%, supported by both current leases and historical tenant performance. Followingextensive renovations a few years ago, this property now boasts modern amenities while preserving its historic charm. Safety is prioritized with astate-of-the-art fire suppression system that includes active sprinkler systems and smoke dampeners in compliance with rigorous city codes.This iconic structure presents an exceptional opportunity for those looking to invest in a piece of Cheyenne’s storied past while securing futuregrowth potential.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1883

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

CBD

APN/PARCEL ID

1-1001-0390-0005-2

ASK ABOUT THIS PROPERTY

Jim Weaver#1 CommercialMore Info
307-630-5161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jim Weaver#1 CommercialMore Info
307-630-5161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.