1217 S Greeley Hwy, Cheyenne, WY 82007
sale
$1,975,000
|
Other
Courtesy Of #1 Properties
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.
Read More About This Property
Read Less About This Property
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. 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.
Property Features
- Age: 11-20 Years Old
- Appliance: Building
- Appliance: Land
- Exterior Type: Stone
- Legal Description: ALLISON TRACTS: TRACT 39, EXCEPT THE NORTH 131.95'
- MLSID: 101152
- Roof Type: Composition
- Roof Type: Metal
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$2,245,740
Other
603 E College Dr
Cheyenne, WY 82007
Building: 1,134 sq. ft.
|
Land: 4.91 Acres
Courtesy Of Red Diamond Realty
sale
$2,000,000
Other
4390 I-80 Service Rd
Cheyenne, WY 82009
Building: 26,028 sq. ft.
|
Land: 15 Acres
Courtesy Of #1 Properties
sale
$1,999,900
Other
1900 Converse Ave
Cheyenne, WY 82001
Building: 7,856 sq. ft.
|
Land: 0.74 Acres
Courtesy Of #1 Properties
sale
$1,950,000
Other
1625 Dell Range Blvd
Cheyenne, WY 82009
Building: 7,760 sq. ft.
|
Land: 0.75 Acres
Courtesy Of #1 Properties