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1217 S Greeley Hwy

Cheyenne, WY 82007
  • $1,975,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 101152
UPDATED: 65 min ago
$1,975,000
  • 0
    BEDS
  • 1.97
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,200
    SQFT
  • $380
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2006
County:
Area:

School Ratings & Info

Description

Exceptional investment and owner-user opportunity on approximately 1.97 acres featuring multiple income-producing buildings, long-term tenants, and future development potential. The main commercial building offers approximately 5,264 square feet above grade and is thoughtfully divided into two separate office suites with private entrances. Suite A (3,000 SF) and Suite B (2,200 SF) each feature their own kitchen and two bathrooms, providing flexibility for a variety of professional or commercial uses. An additional 1,500-square-foot basement serves as storage and conference space, adding valuable functionality to the property. The property also includes an impressive 40' x 96' outbuilding constructed in 2018. Designed with quality and efficiency in mind, the shop features four 16-foot overhead doors, heat, ventilation system, office space, and a bathroom. The building is currently leased to a mechanic and offers excellent utility for industrial, service, or commercial operations. A unique advantage of this property is its flexibility. While the existing leases provide immediate income, the office tenants are open to continuing or terminating their occupancy, creating an excellent opportunity for an owner-user seeking immediate space while maintaining additional rental income. The mechanic lease remains in place, providing stability and consistent revenue. Each tenant is separately metered and responsible for their own utilities, helping minimize owner expenses and simplify management. Adding to the property's long-term value, the parcel was originally platted to accommodate an additional building site between the commercial office building and shop, offering future development opportunities for expansion, additional income, or owner occupancy. Whether you're seeking a strong investment property, a business headquarters with supplemental income, or a property with future development potential, this offers a rare combination of cash flow, flexibility, and upside potential.

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[Cheyenne Board of Realtors] logo© 2026 Cheyenne MLS. All rights reserved. Search Results are produced though the Cheyenne MLS IDX Database. Real estate listings held by brokerage firms other than this firm are marked with the IDX logo and includes the name of the listing brokers. The information relating to real estate for sale on this web site comes from the Cheyenne MLS IDX database and is deemed reliable but not guaranteed. Copyright 2026 Cheyenne MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome Rustic Realty. Data last updated: 2026-07-12T21:52:12.61.
www.karihappoldrealestate.com/homes/177818770
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1217 S Greeley Hwy Cheyenne, WY 82007

  • Price: $1,975,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 65 min ago
  • MLS #: 101152
0
Beds
0
Baths
0
½ Baths
1.97
Acres
5,200
SQFT
$380
$/SQFT
2006
Built
Neighborhood:
Allison Tracts
County:
Laramie
Area:
Laramie
Property Description
Exceptional investment and owner-user opportunity on approximately 1.97 acres featuring multiple income-producing buildings, long-term tenants, and future development potential. The main commercial building offers approximately 5,264 square feet above grade and is thoughtfully divided into two separate office suites with private entrances. Suite A (3,000 SF) and Suite B (2,200 SF) each feature their own kitchen and two bathrooms, providing flexibility for a variety of professional or commercial uses. An additional 1,500-square-foot basement serves as storage and conference space, adding valuable functionality to the property. The property also includes an impressive 40' x 96' outbuilding constructed in 2018. Designed with quality and efficiency in mind, the shop features four 16-foot overhead doors, heat, ventilation system, office space, and a bathroom. The building is currently leased to a mechanic and offers excellent utility for industrial, service, or commercial operations. A unique advantage of this property is its flexibility. While the existing leases provide immediate income, the office tenants are open to continuing or terminating their occupancy, creating an excellent opportunity for an owner-user seeking immediate space while maintaining additional rental income. The mechanic lease remains in place, providing stability and consistent revenue. Each tenant is separately metered and responsible for their own utilities, helping minimize owner expenses and simplify management. Adding to the property's long-term value, the parcel was originally platted to accommodate an additional building site between the commercial office building and shop, offering future development opportunities for expansion, additional income, or owner occupancy. Whether you're seeking a strong investment property, a business headquarters with supplemental income, or a property with future development potential, this offers a rare combination of cash flow, flexibility, and upside potential.
Exterior Features

Building Type Auto ServiceCommercialOffice Construction OtherStone Lot Size 85813 Parking Capacity 11 - 20 Roof Composition/AsphaltMetal Shared Parking Yes Site And Access Fenced ParkingHigh VisibilityOverhead Door-16'Paved LotFrontageHighway Access

Interior Features

Building Features Air ConditioningFire DetectorsFire SprinklersHandicap AccessKitchen AreaRestroomsSecurity System Ceiling Height 10 Sq Ft Office 5200

Property Features

Commercial Type Commercial Deed Transfer By General Warranty Handicap Features Handicap ParkingLevel LotLevel DriveHalls 42+ WideLow Pile Carpet1st Floor Bathroom Inclusions BuildingLand Lease Price $0.00 Owner Pays TaxesInsuranceLawn MaintenanceOutside Building MaintRoof MaintenanceSnow RemovalParking Lot Maintenance Proposed Financing CashConventional Sale Or Rent For Sale Stories 1 Tax Year 2026 Taxes 8484.86 Utilities And Heat City WaterGas Forced Air HeatHot Water HeaterNatural GasPublic Sewer

[Cheyenne Board of Realtors] logo Listing courtesy of #1 Properties: 307-634-2222. © 2026 Cheyenne MLS. Information Deemed Reliable but Not Guaranteed by the Cheyenne MLS. Real estate listings held by brokerage firms other than this firm are marked with the IDX logo and includes the name of the listing brokers.


[Cheyenne Board of Realtors] logo© 2026 Cheyenne MLS. All rights reserved. Search Results are produced though the Cheyenne MLS IDX Database. Real estate listings held by brokerage firms other than this firm are marked with the IDX logo and includes the name of the listing brokers. The information relating to real estate for sale on this web site comes from the Cheyenne MLS IDX database and is deemed reliable but not guaranteed. Copyright 2026 Cheyenne MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome Rustic Realty. Data last updated: 2026-07-12T21:52:12.61.
 
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1740 Dell Range Blvd Suite H 441
Cheyenne WY, 82009