259 S Center Street, Casper, WY 82601

$2,600,000

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List Price
$2,600,000
Status
NEW
MLS#
20264416
Days on Market
155
Acres
0.24
Year Built
1947

Property Description

Completely renovated in 2015, the Galles Office Center offers modern, highly desirable finishes that set it apart within the downtown office inventory. Updates included refreshed interiors, improved common areas, and contemporary design elements that appeal to today’s professional tenants. The renovation elevated the overall aesthetic while maintaining functional layouts across three floors, creating efficient, professional suites suitable for a wide range of office and service users. The building’s updated condition minimizes near-term capital expenditure concerns while maintaining strong competitive positioning in the local market. The property is currently 100% occupied with a diverse mix of professional and service-oriented tenants, creating a dynamic and stable rent roll. The tenant base includes a blend of office professionals and boutique service users, supporting consistent activity throughout the building and reducing reliance on any single industry. Historically, when suites become available, they lease within approximately 30 days — a strong indicator of demand for quality downtown space. With stabilized occupancy, proven leasing velocity, and a central location in Casper’s business core, the Galles Office Center represents a turnkey investment opportunity with reliable in-place income and long-term upside potential.

Additional Information

Roof
Membrane
Exterior
Brick
Foundation
Concrete
Construction
Brick, Steel
Garage Type
10000 - 19999
Garage Spaces
No
Lot Size
10,455
Heating
Hot Water, Mini Split Heating
Cooling
Central Air, Mini Split Cooling
Electric
Rocky Mountain Power
Water
City
Sewer
City

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker The Legacy Group.