Improved Commercial Land for Sale in Cheyenne, Wyoming

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.