214 Yellowstone Ave - Bar FOR SALE


Cody, WY 82414
$1,699,000 USD
305-363-1234
214 Yellowstone Ave, Cody, WY for Sale
$1,699,000 USD
Bar - FOR SALE
1/58
null | Request Cap Rate

214 Yellowstone Ave
Cody, WY 82414


HIGHLIGHTS

  • High visibility
  • Large Commercial Kitchen

OVERVIEW

Own an iconic piece of Cody’s history while earning passive income from day one. Established in 1933, Cassie’s Supper Club is a fully leased commercial property located on 7 acres along Cody’s busiest commercial corridor—Yellowstone Avenue, the gateway to Yellowstone National Park. Currently operating under a 5-year absolute net lease at $7,000 per month, this property offers a rare opportunity for investors seeking stable income with minimal management and significant future upside. Investment Summary Tenant: Long-term restaurant operator Lease Term: 5 years Rent: $7,000/month | Absolute NNN (tenant covers all expenses) Included in Lease: Restaurant building, primary acreage, and full retail liquor license Excluded from Lease: ~1.5 acres and 1,949 sq. ft. single-family residence Property Features 12,272 sq. ft. restaurant and entertainment venue designed for high-volume operations Separate lounge and main bar, two stages, and expansive dining areas Fully equipped commercial kitchen All furniture, fixtures, and equipment included in sale 1,949 sq. ft. residence (3 bed / 2 bath) ideal for additional rental income or on-site housing Expansion & Value-Add Potential 7 total acres with unused rear acreage suitable for: RV or boat storage lots Self-storage development RV park or short-term lodging Renovation of existing residence for added monthly income or vacation rental use The combination of an established tenant, a long-term NNN lease, and substantial unused land makes this property ideal for investors looking for passive cash flow today and scalable value tomorrow. Location Highlights Prime frontage along Yellowstone Ave near Walmart and major tourist traffic to Yellowstone High visibility, easy access, and strong year-round exposure Situated within Cody’s thriving commercial corridor

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Income Producing Leased Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.01 AC

LAND SF

305,356 SF

ZONING

D-3 Commercial

APN/PARCEL ID

05520206902002

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 Notice.