437 Spruce StCasper, WY 82601

For Sale
$425,000
Mixed-use, high-return investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional mixed-use commercial property, located at 437 S Spruce St in Casper, Wyoming's desirable Old Yellowstone District, presents a compelling investment opportunity. The building, constructed in 1975, boasts a total of 2,270 square feet across two units, currently operating at 50% occupancy. The asking price is $425,000, translating to a price per square foot of $187.22. The property sits on a 7,800 square foot lot and is zoned for commercial use. The building offers four office spaces and nine off-street parking spaces, providing ample convenience for tenants and visitors. This is an ideal opportunity for an investor seeking a strong return or a business owner looking to own their workspace rather than lease. The property's prime location in the Old Yellowstone District offers excellent visibility and accessibility, making it an attractive proposition for a variety of businesses. With its existing infrastructure and potential for future development, this property represents a sound investment in a thriving Wyoming market. The building's solid construction and established presence in the community ensure a stable foundation for future growth and profitability. This is a rare chance to acquire a well-situated commercial property in a desirable location.

Property Details for 437 Spruce St

Property type
Office properties, Mixed-use properties
Square Feet
2,270 SF
Year Built
1975
Buildings
1
Units
2

Location Insight

City
Casper
County
Natrona
State
Wyoming
Latitude
42.8460424
Longitude
-106.3317358
437 Spruce St, Casper, Wyoming

FAQs

What type of property is this?
Office property - Mixed-use, high-return investment opportunity.
Where is the office property located?
The property is located at 437 Spruce St Casper, WY.
What is the asking price?
The asking price for this property is $425,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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437 Spruce St
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