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.