$2,200,000
Sheridan, WY 82801
MLS# 22-81
Status: Closed
4965 sqft
1 / 17
Property Description
LOCATION! A rare opportunity for a Class A office and retail multi-use building in downtown Sheridan. Long term leases with CPI annual adjustment. 21 parking spaces, elevator, secure entrances. Ideal for a 1031 Exchange. Income/Expense is 2021. Gross Income $141,000, Net income $110,000. NOI budget for 2022 is higher. Contact listing agent for all showings. 2 partners are licensed real estate agents. All measurements are estimates.
Details
Documents
Listing Information
Agent Owned: Y
Current Price: $2,200,000
Status: Closed
List Price: $2,200,000
Begin Date: 2022-01-27
Property Information
Realtor.COM Type: Commercial
Acres: 0.37
Lot Size: 16170
Above Grade Sq Ft: 2648
Main SqFt: 4965
Below Grade Sq Ft: 4965
Total Finished Sq Ft: 11478
Elem Sch: School District #2
JH/Mdl Sch: School District #2
High Sch: School District #2
Property Sub Type: Office Building
Year Built: 1999
Location, Tax & Legal
Zoning: B1
Number: 51
Street: Coffeen
Street Suffix: Avenue
State: WY
Zip: 82801
Subdivision: South Park
Mls Area: City
Total Taxes: 6590
Tax Yr: 2021
Remarks & Directions
Directions: Coffeen Ave. between Ridley's and Downtown Sheridan Association
Exterior
Brick: 1
Water Type
Public Water: 1
Sewer Type
Public Sewer: 1
Fuel Type
Natural Gas: 1
Rights
Mineral Rights: No
Water Rights: No
Heat Type
Gas Forced Air: 1
AC Type
Central Air: 1
Roof Type
Composite Asphalt: 1
Property Features
Cable: 1
Electricity: 1
Telephone: 1
Commercial Features
Elevator: 1
Fiber Optic: 1
Public Elevator: 1
Commercial Info
Building for Sale: Yes
Elevator: Yes
Gross Rent$: 141000
Operating Expense$: 31365
Net Operating Inc$: 110000
Land Sq Ft: 16170
Sq Ft Basement: 4965
Sq Ft Main: 4965
Total Building Sq Ft: 11478
Acceptable Financing
Cash: 1
Conventional: 1
Existing Financing
Conventional: 1
Closing Financing
Closing Financing 1: Cash
Concessions
ClsgCst,Prepd: 31000
ClosingFinancing
Sold Date: 2022-03-30
Property Features
Water Type: Public Water
Sewer Type: Public Sewer
Fuel Type: Natural Gas
Heat Type: Gas Forced Air
AC Type: Central Air
Roof Type: Composite Asphalt
Exterior: Brick
Commercial Features: Elevator; Fiber Optic; Public Elevator
Property Features: Cable; Electricity; Telephone
Acceptable Financing: Cash; Conventional
Existing Financing: Conventional
REBD 
51 Coffeen- Close 
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.