This website uses "cookies" to ensure you get the best experience on our website. Using this website means you're OK with it.
Note

Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY

Listing was updated at: 01/23/2019
Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY Rehab or Convert Central Plaza Hotel in downtown Cheyenne WY

Property Overview

Price/Rent PSF $ 2,250,000.00
Asset Type Hospitality
Trade Type Sale
SQ. FT. Available 36,338
Date Available 01/23/2019
Additional URL Link
Floors 5
Additional parameters Show
Search Demographic Data Explore financing options
Click to add the listing to favorites
You don't have a permission for this action. Please check if your subscription plan is active and allows this option.
Copy iframe
You don't have a permission for this action. Please check if your subscription plan is active and allows this option.
Make a Note
You don't have a permission for this action. Please check if your subscription plan is active and allows this option.
Add to Listing Report
You don't have a permission for this action. Please check if your subscription plan is active and allows this option.
Export PDF
You don't have a permission for this action. Please check if your subscription plan is active and allows this option.

Description

Location
Corner of Central Avenue and E 18th Street. Downtown Cheyenne

Sale
Re-development/Conversion opportunity. Existing 88 room hotel in state capital city Cheyenne WY. Currently underutilized and under marketed as an extended stay hotel. Convert to other use, such as apartment, assisted living, self storage, office, etc., or operate as hotel. Historic district tax credits may be available. Close to state offices and capitol building. Downtown Cheyenne location, convenient to I-80, and state highways 85 & 30. Prime commercial corridor location. Being operated as an extended stay / month to month lodging facility, with a restaurant space leased on main floor. Income could be sustained during planning process to re-purpose the property. Approximately 25 rooms currently rented at any one time (limited by Owner's choice). Restaurant operating successfully and has one year remaining on lease with a desire to extend. No national affiliation - independently operated hotel. Redevelopment potential, or conversion to flagged hotel or other use. ~ 3600 SF Pool building is not operational and could be razed for additional parking or other use. Adjacent parking structure is not part of this offering (though it may be available for purchase).

Location

Are you sure you want to delete your listing

We recommend you archive listings rather than delete them, for future reference.

Can we add this to our comparable database?

Are you sure you want to archive your listing

Can we add this to our comparable database?

Please type your email and we'll send you the mail with all pdfs attached. You can also download each pdf from the list below.