308 S 2nd St, Laramie, WY 82070, Laramie, WY 82070
sale
$2,400,000
|
Other
Courtesy Of Coldwell Banker Commercial The Property Exchange
Welcome to 308 S. 2nd St., a +/-15,000 SF landmark property in the heart of Downtown Laramie. Originally constructed in 1930 and thoughtfully restored, this asset blends historic character with modern functionality, creating a rare investment opportunity in one of Wyoming's most vibrant downtown corridors. Positioned in a highly walkable, high-traffic location, the property benefits from consistent exposure to both locals and visitors. The two-story layout features a dynamic mix of retail and residential uses. The ground floor is anchored by a well-established retail storefront known throughout the region for its curated selection of custom, handcrafted, antique, and vintage goodsmaking it a true destination within the market. Upstairs, the property includes three residential units that have transitioned from short-term VRBO rentals to long-term leases, providing stable, consistent income with reduced management intensity. This structure offers investors the best of both worlds: dependable cash flow today, with the flexibility to revert back to short-term rentals in the future for potentially higher revenue. Extensive renovations have preserved the building's original charmhighlighted by hardwood floors, vintage fixtures, and historic detailswhile incorporating modern upgrades such as an updated storefront and improved systems. The result is a turnkey asset with both aesthetic appeal and operational versatility. With a balanced income stream, strong location fundamentals, and optionality in its residential strategy, 308 S. 2nd St. presents a compelling opportunity for investors or owner-users looking to establish a presence in Downtown Laramie. Conveniently located near Cheyenne, Fort Collins, and Denver, and just minutes from University of Wyoming, the property benefits from regional connectivity and a strong local economic driver. This is a rare chance to acquire an iconic downtown asset with both immediate income and long-term upside. Contact us today to schedule a private tour and explore the opportunity.
Read More About This Property
Read Less About This Property
Copyright © 2026 Coldwell Banker. 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: Over 50 Years Old
- Architecture Style: Other
- MLSID: 100465
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
