1057 Sheridan Ave - Restaurant FOR SALE


Cody, WY 82414
$2,150,000 USD
305-363-1234
1057 Sheridan Ave, Cody, WY for Sale
$2,150,000 USD
Restaurant - FOR SALE
1/45
null | 6% Cap Rate

1057 Sheridan Ave
Cody, WY 82414


HIGHLIGHTS

  • Current Tenant- Income Producing
  • Great Long Term Investment
  • Prime Downtown Location

OVERVIEW

Rare opportunity to acquire a fully leased investment property in the heart of Cody, Wyoming’s vibrant downtown core. 1057 Sheridan Avenue offers investors a secure income stream backed by a long-term lease with Millstone Pizza Co. & Brewery, a well-established local operator with strong brand recognition and consistent year-round traffic. Property Overview: Total Building Size: 11,762 SF Lot Size: 14,000 SF Year Built: 1965 Stories: 1 (with a fully finished basement) Restrooms: 4 Levels: Multi-level (main floor + basement arcade) Lease Details: Tenant: Millstone Pizza Co. & Brewery Annual Rental Income: $150,000 ($12,500/month) Lease Expiration: March 31, 2030 Cap Rate: 6% Lease Type: NNN (Details available upon request) Investment Highlights: Prime Downtown Location: Positioned directly on Sheridan Avenue, the highest-traffic street in Cody’s business district. Steady Year-Round Revenue: A strong local customer base combined with heavy summer tourism drives reliable income, even during off-peak seasons. Established Tenant: Millstone Pizza Co. & Brewery is a recognized name, drawing families, tourists, and locals with a proven business model. Minimal Management Requirements: Secure lease structure with stable, predictable cash flow through 2030. Proximity to Major Attractions: Cody is a premier destination located just 50 miles from Yellowstone National Park, attracting millions of annual visitors. High Visibility and Access: Property features 103 feet of frontage on Sheridan Avenue with excellent pedestrian and vehicle traffic. Additional Information: This offering is for the real estate only. Sale does not include the operating business, equipment, furniture, fixtures, or arcade games. Buyers must independently verify all financials and lease details. NDA may be required for access to tenant lease documents. Asking Price: $2,150,000 Contact Brenton Hayden, RE/MAX Elevation, for further details or to schedule a private showing.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$276 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Leased Downtown Cody Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

D-2

APN/PARCEL ID

05000105222000

ASK ABOUT THIS PROPERTY

Brenton HaydenRE/MAX ElevationMore Info
305-363-1234

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Brenton HaydenRE/MAX ElevationMore Info
305-363-1234

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.