1651 8th St - Restaurant FOR SALE


Cody, WY 82414
$1,699,000 USD
307-259-0716
1651 8th St, Cody, WY for Sale
$1,699,000 USD
Restaurant - FOR SALE
1/39
null | Request Cap Rate

1651 8th St
Cody, WY 82414


HIGHLIGHTS

  • High Visibility Corridor Location
  • Multiple Conversion or Repositioning Scenarios
  • 8,244 Sq. Ft. Freestanding Commercial Building

OVERVIEW

1651 8th Street is a high-visibility commercial building located along one of Cody’s primary corridors. The property consists of 8,244 square feet situated on approximately 0.86 acres with strong street presence and ample on-site parking. The strength of this asset is the real estate itself - location, frontage, parking, and flexible commercial zoning. While the building is currently operating as Rooster’s Café, the existing restaurant use does not define the long-term value of the property. The layout and infrastructure allow for professional office, medical conversion, retail, multi-tenant investment, or continued hospitality use. The property presents a fundamentally solid commercial investment suitable for an owner-user or investor seeking long-term stability and repositioning potential in a proven Cody location. From a real estate standpoint, the asset offers the fundamentals that investors and owner-users seek, including visibility, access, site size, and flexible commercial zoning. The building footprint and existing infrastructure allow for multiple configurations, whether maintained as a single-user occupancy or repositioned into a multi-tenant layout. While currently operated as a restaurant, the existing use should be viewed as transitional rather than defining. The structure is adaptable for professional office, medical office conversion, retail, service-based business, or continued hospitality use. The parking capacity and site layout provide flexibility that many infill properties in Cody do not offer. The improvements are in solid condition and represent meaningful replacement cost value relative to new construction. For an owner-user, the property offers immediate functionality in a proven commercial location. For an investor, it provides a clear path to repositioning, lease-up, or conversion supported by year-round local demand and strong seasonal tourism. This is a well-located commercial asset with flexibility, scale, and long-term viability in the Cody market. Positioned in the heart of Cody with direct frontage along 8th Street, the property benefits from steady year-round local traffic as well as strong seasonal tourism driven by Yellowstone National Park and regional attractions. Surrounding commercial uses include medical, retail, hospitality, and professional services, supporting a wide range of future applications.

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$206 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,450 SF

ZONING

C

APN/PARCEL ID

05046600001001

ASK ABOUT THIS PROPERTY

John TrostBrokerOne Real Estate, Inc.More Info
307-259-0716

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

John TrostBrokerOne Real Estate, Inc.More Info
307-259-0716

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