1128 12th St - Restaurant FOR SALE


Cody, WY 82414
$1,350,000 USD
305-363-1234
1128 12th St, Cody, WY for Sale
$1,350,000 USD
Restaurant - FOR SALE
1/58
null | Request Cap Rate

1128 12th St
Cody, WY 82414


HIGHLIGHTS

  • Heavy foot traffic
  • Rare downtown location
  • Residential unit upstairs
  • Large storage build out in basement
  • Large outdoor patio
  • Boutique storefront + cocktail bar

OVERVIEW

Own a Piece of Downtown Cody – Retail, Café, and Residential All in One 1128 12th Street presents a rare opportunity to own a strategically located mixed-use commercial building in the heart of downtown Cody, Wyoming—just steps from historic Sheridan Ave and directly across from the iconic Irma Hotel. Built in 1985 and spanning 5,908 sq ft, this two-story building offers a flexible layout across three levels, designed to accommodate both commercial and residential use. Whether you’re a business owner, investor, or entrepreneur seeking to generate multi-stream income, this property has the infrastructure and location to support long-term growth and value. PROPERTY FEATURES: Main Floor – Retail/Café Ready Set up for retail, wine/cocktail lounge, or café-style operations. Features include open dining/lounge space, café-style kitchen, and two customer restrooms. The kitchen includes light food prep capabilities (not a full commercial kitchen), ideal for baked goods, coffee, wine bar service, or boutique food service concepts. Basement – Storage + Support Approximately 2,000 sq ft (30% finished) with bonus room, private office, bathroom with laundry, utility room, and extensive storage. Excellent for inventory, staff space, or back-end business operations. Second Floor – Two Residential Units 1-Bedroom Airbnb Unit with private entry, kitchenette, and ¾ bathroom Spacious Owner’s Suite or potential 2nd Airbnb: 3 bedrooms, 2 bathrooms (both ¾), kitchen, dining, den, and multiple entry points The upstairs offers the option to generate short-term rental income or live on-site while operating the downstairs business. ADDITIONAL HIGHLIGHTS: Lot size: 3,250 sq ft | Building: 5,908 sq ft (3,908 above grade | 2,000 below grade) Five total bathrooms across three levels Built in 1985 | Two-story building | No covenants | D2 zoning Utilities: City utilities average $600/month | Natural gas available Located in Cody’s downtown business district (D-2 zoning) Surrounded by restaurants, shops, and year-round tourism traffic Walking distance to public events, parades, and Yellowstone-bound foot traffic Suitable for owner/operators, retail users, small food service businesses, investors, or short-term rental developers INVESTMENT STRATEGY: This property fits multiple investment profiles: Owner/User: Live upstairs and operate your business below Investor: Lease each space separately for three distinct income streams (retail, Airbnb, and long-term rental) Value-Add: Customize the café or bar/lounge concept for Cody’s robust seasonal tourism Main and basement levels are also available for NNN lease at $3,400/month (see MLS lease listing). Properties of this size, flexibility, and prime location in downtown Cody rarely come to market. Whether you want to create a landmark business, tap into short-term rental potential, or simply own a high-exposure commercial asset, this is the one to watch. Buyer to verify all square footage and use.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$472 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Turnkey Downtown Cody Mixed-Use Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

undefined, Bar, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

D-2

APN/PARCEL ID

05000102918001

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.