5907 Townsend Pl Cheyenne, WY 82009
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Commercial Live/Work Property with Income Potential on Ž Acre | 5%+ Return Opportunity. This versatile commercially zoned property offers a rare blend of live/work functionality and income-producing potential on a spacious, tree-filled Ž-acre lot served by city water plus two irrigation wells. The main log structure‹”originally built with classic craftsmanship and expanded and remodeled in 2005‹”features 4 bedrooms and 4 bathrooms, making it well-suited for owner occupancy, executive housing, or residential rental use. A dramatic fireplace anchors the living area, while a wood stove in the kitchen adds both efficiency and character. A standout feature is the 20x30 commercially zoned outbuilding, currently improved with its own kitchen, offering exceptional flexibility. Ideal for professional office space, short- or long-term rental, guest quarters, or live/work conversion, this structure creates a strong foundation for dual-income or mixed-use operation. Combined uses support the potential for 5%+ annual returns, depending on configuration and management. The fully fenced lot with mature trees provides privacy and expansion opportunity, including room for additional structures, storage, or garage development. A detached 1-car garage adds utility and tenant appeal. Strategically located within walking distance to schools and near shopping and services, this property supports both commercial visibility and residential convenience‹”an increasingly rare combination. Ideal for investors, owner-operators, or entrepreneurs seeking a flexible property with multiple revenue streams, zoning advantages, and long-term upside
2,950 sqft
0.54 acres
1929
99356
