1 E Alger Street, Sheridan, WY 82801 (MLS# 20-68)

1 E Alger Street, Sheridan, WY 82801

$1,600,000
Property Type: Commercial Square Footage: 10,938 Status: Closed
Current Price: $1,600,000 List Date: 2/03/2020 Last Modified: 8/28/2024

Overview

Description

This historic downtown commercial building is a treasure to our community! The original building was built in 1894 and spans 126 years of Sheridan history. It is the largest and most prominent building on main street. Commonly known as The Cady Building, this property consists of a two-level 24,036 square foot commercial building on a 17,125 square foot lot. The main floor (10,956 sq ft) has been utilized as rental spaces for two restaurants on Alger Street and two retail spaces on Main Street. The second floor (10,565 sq ft) consists of 31 office spaces, two restrooms, and a one-bedroom apartment. The current owner uses 10 offices and would consider leasing back offices from a new owner. All measurements are approximate.

Supplements: The property has a basement which is approximately 2,500 square feet and is used for storage and most of the building's utilities are located there. The original building is eligible for historical grants and can easily be designated as a historical site with significant tax benefits. EXCLUDED PROPERTY: SCADA Antenna on roof. All measurements are a ...

Listing Details MLS# 20-68

Location, Tax & Legal

Number
Yes
Street Direction Pfx
E
Street
Alger
Street Suffix
Street
State
WY
Zip
82801
Subdivision
Grinnell
Mls Area
City
Total Taxes
10547.83
Tax Yr
2019

Listing Information

Begin Date
2020-02-01
Agent Owned
N

Property Information

Acres
0.39
Elem Sch
School District #2
JH/Mdl Sch
School District #2
High Sch
School District #2
Property Sub Type
Other
Year Built
1894
Above Grade Sq Ft
10584
Below Grade Sq Ft
2514
Main SqFt
10938
Total Finished Sq Ft
24036

ClosingFinancing

Sold Date
2020-06-17

Rights

Mineral Rights
No
Water Rights
No

Commercial Info

Business for Sale
No
Building for Sale
Yes
Stories
2
Ceiling Height
10'
Off Street Parking
Yes
Elevator
Yes
Space for Lease
Yes
Cash Flow Stmt Avail
Yes
Land Sq Ft
17125
Sq Ft Basement
3438
Sq Ft Main
10068
Total Building Sq Ft
24037

More Information

Inventory

Inventory Incl
Yes

Equipment

Fixed Equipment
Yes
Equipment Included
To be determined

Closing Financing

Closing Financing 1
Conventional

Disclosures

Inspection(s)
Yes
Lead Base Paint
No
Property Condtion
No

Property Features

Water Type: Public Water Sewer Type: Public Sewer Fuel Type: Natural Gas Heat Type: Baseboard; Gas Forced Air AC Type: Central Air; Evaporative Cooler Roof Type: Membrane Exterior: Block; Wood Siding Commercial Features: Elevator; Specialty Equip Acceptable Financing: Cash; Conventional Existing Financing: Conventional

Documents

IDX
Listing Office: CENTURY 21 BHJ Realty, Inc.
Office Email: info@c21bhj.com
Last Updated: August - 28 - 2024
Information is deemed to be reliable, but is not guaranteed. All measurement are approximate.
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