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About This Home

This 0-bedroom, 0-bathroom commercial at 1217 S GREELEY HWY in Cheyenne, WY is listed for $1,975,000 ($380 per sqft). Built in 2006, the home offers 5,200 sqft of living space on a 1.97 acres lot.

Agent 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 commer

cial 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.

Key Features

  • Built in 2006
  • 1.97 acre lot

Property Details

2006

Monthly Cost Estimate

$10,563/mo

20% down · 6.5% · 30 years

Principal$1,428
Interest$8,558
Insurance$576

Estimates only. Actual payments may vary.

Location

1217 S GREELEY HWY

Cheyenne, WY 82007

Property Details

Construction

Stone

Appliances

BuildingLand

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1217 S GREELEY HWY is listed at $1,975,000 ($380/sqft). The estimated monthly payment is $8,558 based on 20% down at 6.5% interest.

Key features include: Built in 2006, 1.97 acre lot.

This property is listed by Natacha Gaspar and can be reached at 3076406915 or Natacha@cheyennehomes.com.

NG

Natacha Gaspar

Agent at #1 Properties

(307) 640-6915

Listed by #1 Properties

MLS# 101152· Source: listhub· Updated 8 days ago

Copyright © 2026 Cheyenne Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1217 S GREELEY HWY, Cheyenne, WY 82007

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