822 Central Avenue

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822 Central Avenue

Cheyenne, WY 82007
Asking Price
$780K
Asset Type
Bar Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The retail property is currently listed for sale at $780,000.
  • This commercial asset is situated at 822 Central Avenue in Cheyenne.
  • The building is currently configured and utilized as a local bar.
  • Cheyenne serves as a significant economic and governmental hub in Wyoming.
  • The location offers accessibility for patrons within the surrounding community.

What's Special

Priced at $780,000, this retail property at 822 Central Avenue in Cheyenne, Wyoming, operates as a bar. The site occupies a strategic position within the city, which serves as the state capital and a regional hub for government, commerce, and logistics. Cheyenne benefits from a steady economic base anchored by proximity to major transportation corridors and a growing local population base that supports diverse retail and hospitality operations. Investors or business owners seeking a foothold in this market will find the property suitable for continued use as an entertainment venue or hospitality destination. The established infrastructure allows for a seamless transition for operators looking to capitalize on local foot traffic and the vibrant downtown-adjacent corridor. Its location provides visibility and accessibility for both residents and visitors navigating the area. This asset represents a functional addition to a commercial portfolio in a resilient mountain west market.

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NOI
$80,000
Cap Rate
10.26%
DSCR
1.73
Strong
Cash-on-Cash
14.40%
Monthly Payment
$3,859.014
Annual Cash Flow
$33,691.827

Location & Travel Times