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(For Sale) 1121 Old Town Ln 5,742 SF Retail Building Cheyenne, WY 82009 $2,400,000 ($417.97/SF)

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Executive Summary

Waypoint Real Estate is pleased to present 1121 Old Town Lane, a 6,857 SF retail investment property located in Cheyenne, Wyoming. The freestanding retail building is configured with two distinct tenant spaces, featuring salon users on one side and a gym facility on the other, providing a diversified tenant mix within one cohesive structure.
The gym portion of the building includes an expansive open workout area, private rooms, and shared bathrooms. The salon side offers functional, build-out space designed for personal service uses, making the property well-suited for neighborhood-serving retail tenants.
Strategically positioned near the intersection of Storey Boulevard and Powderhouse Road, the property benefits from strong local exposure with approximately 7,164 vehicles per day on Powderhouse Road. The surrounding area is supported by established residential neighborhoods and complementary commercial uses, enhancing long-term tenant demand.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,742 SF
Building Class
C
Year Built
2007
Price
$2,400,000
Price Per SF
$417.97
Tenancy
Single
Building Height
1 Story
Building FAR
0.69
Lot Size
0.19 AC
Zoning
PUD - Planned Unit Development
Parking
50 Spaces (8.71 Spaces per 1,000 SF Leased)
Frontage
92’ on Old Town Lane

Amenities

  • Air Conditioning

Nearby Major Retailers

Freddy's Frozen Custard & Steakburgers
Natural Grocers
U.S. Bank
Planet Fitness
Applebee's
Olive Garden
Chili's Grill & Bar
Five Guys
Chase
Charles Schwab

Property Taxes

Property Taxes

Parcel Number
1-9121-0002-0028-0
Land Assessment
$8,548
Improvements Assessment
$65,874
Total Assessment
$74,422
  • Listing ID: 39341981

  • Date on Market: 2/5/2026

  • Last Updated:

  • Address: 1121 Old Town Ln, Cheyenne, WY 82009

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