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Investment Highlights

  • Downtown location with high foot traffic
  • Open floor plan
  • Recent remodel

Executive Summary

Position your portfolio in the heart of downtown Casper with this fully leased, income-producing commercial property at 150 W 2nd Street. Located on the highly visible corner of 2nd and David Street, this 7,500± square foot building is 100% occupied by Gruner Brothers Brewing, who are opening a new restaurant and taproom, and Opera Wyoming, which will utilize the former theater spaces as a destination for live performances, community events, and entertainment.
Surrounded by David Street Station, The Lyric Performing Arts Center, restaurants, retail, and downtown attractions, the property benefits from one of Casper's most active and evolving commercial districts. With C-3 zoning, seven private parking spaces, and quality tenants already in place, this investment offers immediate cash flow while being positioned to benefit from the continued growth and revitalization of downtown Casper.
Whether you're completing a 1031 exchange, expanding your commercial portfolio, or seeking a stabilized asset in a growing Wyoming market, 150 W 2nd Street presents a rare opportunity to acquire a fully occupied downtown property with established tenancy, strong visibility, and long-term investment potential.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,000 SF
Year Built/Renovated
1998/2022
Price
$1,500,000
Price Per SF
$187.50
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.80
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
C3 - The purpose of the C-3 district is to establish a central business district for a variety of retail establishments, government and professional office
Parking
7 Spaces (0.88 Spaces per 1,000 SF Leased)

Amenities

  • Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Moderately bikeable
60/100

Nearby Major Retailers

Wells Fargo Advisors
U.S. Bank

Property Taxes

Property Taxes

Parcel Number
33-79-09-1-0-700800
Land Assessment
$7,692
Improvements Assessment
$90,436
Total Assessment
$98,128
  • Listing ID: 35430816

  • Date on Market: 4/9/2025

  • Last Updated:

  • Address: 150 W 2nd St, Casper, WY 82601

Contact the Sale Advisor

150 W 2nd St

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