$1,600,000
Sheridan, WY 82801
MLS# 20-68
Status: Closed
10938 sqft
1 / 15
Property 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.
Details
Documents
Listing Information
Agent Owned: N
Current Price: $1,600,000
Status: Closed
List Price: $1,600,000
Begin Date: 2020-02-01
Property Information
Realtor.COM Type: Commercial
Acres: 0.39
Lot Size: 17125
Above Grade Sq Ft: 10584
Main SqFt: 10938
Below Grade Sq Ft: 2514
Total Finished Sq Ft: 24036
Elem Sch: School District #2
JH/Mdl Sch: School District #2
High Sch: School District #2
Property Sub Type: Other
Year Built: 1894
Location, Tax & Legal
Frontage Ft: 100
Depth Ft: 150
Zoning: B2
Number: 1
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
Remarks & Directions
Directions: Property is located at the northeast corner of Main Street and East Alger Street.
Exterior
Block: 1
Wood Siding: 1
Water Type
Public Water: 1
Sewer Type
Public Sewer: 1
Fuel Type
Natural Gas: 1
Rights
Mineral Rights: No
Water Rights: No
Heat Type
Baseboard: 1
Gas Forced Air: 1
AC Type
Central Air: 1
Evaporative Cooler: 1
Roof Type
Membrane: 1
Commercial Features
Elevator: 1
Specialty Equip: 1
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
Acceptable Financing
Cash: 1
Conventional: 1
Inventory
Inventory Incl: Yes
Existing Financing
Conventional: 1
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
ClosingFinancing
Sold Date: 2020-06-17
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
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 approximate.
Real Estate Brokerage Disclosure 
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.