5907 Townsend Pl Cheyenne, WY 82009

Mixed-Use Commercial Property with Multiple Income Streams | 5%+ Return Potential This commercially zoned mixed-use property presents a compelling opportunity for investors seeking stable cash flow, flexible use, and long-term upside. Situated on a fully fenced -acre lot with city water and two irrigation wells, the property supports a variety of residential and commercial income strategies. The primary log home offers 4 bedrooms and 4 bathrooms and was expanded and remodeled in 2005, making it suitable for long-term rental, executive housing, or owner-occupant use. Interior features such as a fireplace and wood stove enhance tenant appeal and durability. A key value driver is the 20x30 detached, commercially zoned outbuilding with its own kitchen, allowing for separate leasing as office space, studio, short-term rental, or auxiliary dwelling (buyer to verify use). This structure enables dual-income or hybrid live/work configurations, supporting projected returns exceeding 5%, depending on rental mix and management. Additional improvements include a detached 1-car garage, mature trees for privacy, and ample space for future development or expansion. Located near schools, retail, and services, this property combines strong rental demand, zoning flexibility, and income diversificationan increasingly scarce asset class.