HISTORIC HOLLY SUGAR FACTORY
101,000 Square Foot Industrial Investment Opportunity - 8% Cap Rate
Manufacturing building for sale — one atmosphere, endless potential experiences! Zoned M1 with an industrial steel structural frame, massive power supply, and wide-open spaces, this centrally located campus can provide any investor with a blank slate opportunity.
Lot size of 106,722 sq ft
Power supply — 480/3 phase power supply with 1600 amp transformer support
Timeless steel and masonry construction
Coffeen Avenue — highest traffic volume in Sheridan County
Unmatched panoramic mountain views
BUILDING DETAILS
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9 successful business tenants
$42K/month gross revenue
8% cap rate
50,912 sf additional available space to lease and/or develop
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New overhead doors and apron extension
Infrared heat tube heating
New forced-air heat units
Installation of additional bathrooms
Upgrade and extension of electrical services
Additional parking
Flat roof replacement
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56,022 sq feet
Current Leased Space: 47,288 sq ft+/-
Heated Space: 44,038 sq ft
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15,730 sq ft
Heated: 15,730 sq ft
Owner-Occupied: 15,730 sq ft+/-
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22,014 sq ft
Heated: 1,448 sq ft
Current Leased Space: 800 sq ft
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6,180 sq ft
Mezzanine loft space with panoramic mountain views! Imagine the potential.
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1,800 sq ft
Mezzanine loft space with panoramic mountain views! Imagine the potential.
Potential New Experiential Ecosystem in Sheridan, Wyoming
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RESIDENTIAL/LODGING
Luxury Loft
Boutique Hotel
Private Indoor Parking
Room Service
Events
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CULINARY
Bistro/Eateries
Coffeeshop
Fine Dining with a View
Speakeasy/Lounge
Rooftop Bar
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COMMERCIAL
Retail
Salon/Barbershop
Fitness Studio
Business Fronts
Manufacturing
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COMMUNITY
Cowork Space
Event Space
Open Courtyard
Public Art Exhibitions
Mural Space
INVESTORS
Holly Sugar is a manufacturing building for sale. At $47+/- per square foot, the property provides a wide range of investment opportunities for a developer, passive income buyer or through condominium entitlements.
#1 — RENT THE FACILITY: With minimal improvements necessary to earn a substantial rate of return as it is combined with a lease history established — there is significant room for increased gross rental income.
#2 — FULL DEVELOPMENT: Imagine a high-end residential/business use project with residential on the upper floors offering world-class views.
#3 — HYBRID PROJECT: Earn immediate rental income from the existing commercial leased space and phase in the renovation of the upper stacks for residential and/or retail condominium spaces.
Due Diligence Work Completed Include: ALTA Survey, recent Phase 1 Environmental Assessment, utility capacity report, and condition report on stack integrity. *More documents available with a signed NDA
HERITAGE & HISTORY
In 1915, twelve steelworkers arrived in Sheridan from Holly, Colorado. According to the “Sheridan Enterprise” the news was received with great enthusiasm and provided Sheridan with a much-needed increase of jobs. After 106 years of service to Sheridan, WY, The Holly Sugar Factory is now for sale. This empty manufacturing building for sale provides endless opportunities with its M1 zoning and 100,000 sq feet.
SHERIDAN, WYOMING
“The Cultural Capital of Wyoming. A breathtaking vision of the New West, Sheridan is Wyoming’s emerald city. The kind of place where cowboys convene over craft beer and coffee, where pronghorn spring over canvasses colored with Indian Paintbrush, and where the majestic peaks of the Bighorns stand proudly.” - Visit Sheridan, Wyoming
Impact Properties offers a unique ‘vertically-integrated’ approach to real estate brokerage.
Unlike traditional agencies, we bring to each transaction a high level of expertise across a multitude of specialties, delivering better results for everyone involved.
The leadership team of Impact Properties is made up of a licensed engineer, a licensed attorney, a real estate broker, a marketing specialist, and agents. We offer 40 years of collective development experience to the table to provide a proven risk-management approach. Our goal is to think more, so you can do more — we’ll help you get your time back.