51 Coffeen Avenue, Sheridan, WY 82801

$2,200,000
Property Type: Commercial Square Footage: 4,965 Status: Closed
Current Price: $2,200,000 List Date: 1/27/2022 Last Modified: 8/28/2024

Overview

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.

Listing Details MLS# 22-81

Location, Tax & Legal

Number
51
Street
Coffeen
Street Suffix
Avenue
State
WY
Zip
82801
Subdivision
South Park
Mls Area
City
Total Taxes
6590
Tax Yr
2021

Listing Information

Begin Date
2022-01-27
Agent Owned
Y

Property Information

Acres
0.37
Elem Sch
School District #2
JH/Mdl Sch
School District #2
High Sch
School District #2
Property Sub Type
Office Building
Year Built
1999
Above Grade Sq Ft
2648
Below Grade Sq Ft
4965
Main SqFt
4965
Total Finished Sq Ft
11478

ClosingFinancing

Sold Date
2022-03-30

Rights

Mineral Rights
No
Water Rights
No

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

More Information

Closing Financing

Closing Financing 1
Cash

Concessions

ClsgCst,Prepd
31000

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
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.