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308 S 2ND ST Laramie WY 82070-3612

APN 16733331800300

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Details
Property Type Mixed Use, Multifamily (+1)
Sub Type Shopping Center, Single Family Rental Portfolio (+1)
Building SqFt 15,739
Lot SqFt 6,336
Acreage ******
Number of Units 4
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code DC
Year Built 1930
Building Count 1
Opportunity Zone Yes
Lease Type ******
Mortgage Amount ******
Mortgage Term ******

Property History

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Property Type
Property Type
Retail, Multifamily, Mixed Use
Property Subtype
Single Family Rental Portfolio, Shopping Center, Storefront
Asking Details
Asking Price
$2,400,000
Asking Cap Rate
6.29%
Asking NOI
$151,050
Price/Sq Ft
$152.49
Marketing Description
Welcome to 308 S.​ 2nd St.​, a ±15,000 SF landmark property in the heart of Downtown Laramie.​ Originally constructed in 1930 and thoughtfully restored, this asset blends historic character with modern functionality, creating a rare investment opportunity in one of Wyoming's most vibrant downtown corridors.​ Positioned in a highly walkable, high-traffic location, the property benefits from consistent exposure to both locals and visitors.​ The two-story layout features a dynamic mix of retail and residential uses.​ The ground floor is anchored by a well-established retail storefront known throughout the region for its curated selection of custom, handcrafted, antique, and vintage goods‹”making it a true destination within the market.​ Upstairs, the property includes three residential units that have transitioned from short-term VRBO rentals to long-term leases, providing stable, consistent income with reduced management intensity.​ This structure offers investors the best of both worlds: dependable cash flow today, with the flexibility to revert back to short-term rentals in the future for potentially higher revenue.​ Extensive renovations have preserved the building's original charm‹”highlighted by hardwood floors, vintage fixtures, and historic details‹”while incorporating modern upgrades such as an updated storefront and improved systems.​ The result is a turnkey asset with both aesthetic appeal and operational versatility.​ With a balanced income stream, strong location fundamentals, and optionality in its residential strategy, 308 S.​ 2nd St.​ presents a compelling opportunity for investors or owner-users looking to establish a presence in Downtown Laramie.​ Conveniently located near Cheyenne, Fort Collins, and Denver, and just minutes from University of Wyoming, the property benefits from regional connectivity and a strong local economic driver.​ This is a rare chance to acquire an iconic downtown asset with both immediate income and long-term upside.​ Contact us today at 307-631-0202 to schedule a private tour and explore the opportunity.​
Property Type
Property Type
Multifamily, Retail
Property Subtype
Apartment Building, Storefront
Marketing Description

Welcome to 308 S. 2nd St., a ±15,000 SF landmark property in the heart of Downtown Laramie. Originally constructed in 1930 and thoughtfully restored, this asset blends historic character with modern functionality, creating a rare investment opportunity in one of Wyoming’s most vibrant downtown corridors. Positioned in a highly walkable, high-traffic location, the property benefits from consistent exposure to both locals and visitors. The two-story layout features a dynamic mix of retail and residential uses. The ground floor is anchored by a well-established retail storefront known throughout the region for its curated selection of custom, handcrafted, antique, and vintage goods—making it a true destination within the market. Upstairs, the property includes three residential units that have transitioned from short-term VRBO rentals to long-term leases, providing stable, consistent income with reduced management intensity. This structure offers investors the best of both worlds: dependable cash flow today, with the flexibility to revert back to short-term rentals in the future for potentially higher revenue.

Extensive renovations have preserved the building’s original charm—highlighted by hardwood floors, vintage fixtures, and historic details—while incorporating modern upgrades such as an updated storefront and improved systems. The result is a turnkey asset with both aesthetic appeal and operational versatility. With a balanced income stream, strong location fundamentals, and optionality in its residential strategy, 308 S. 2nd St. presents a compelling opportunity for investors or owner-users looking to establish a presence in Downtown Laramie. Conveniently located near Cheyenne, Fort Collins, and Denver, and just minutes from University of Wyoming, the property benefits from regional connectivity and a strong local economic driver.

This is a rare chance to acquire an iconic downtown asset with both immediate income and long-term upside. Contact us today at 307-631-0202 to schedule a private tour and explore the opportunity.

Investment Highlights

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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DC CommercialSpecial CommercialDowntown Commercial
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View all 182 uses
View all 182 uses
Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
BW
Bailey Wheeler PRO
LIC: 15768
•••.•••.0202
••••••••••••r307@•••••.com
Brokerage logo
Listing removed on
 BY:
RG
Rob Graham PRO
LIC: WY
•••.•••.6688
••••aham@••••••••••.com
Brokerage logo
Listing removed on
 BY:
JT
Jenna Tibbs
LIC: #RE17166
•••.•••.8021
•••••••••s307@•••••.com

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