2811 Big Horn Ave - Light Distribution FOR SALE


Cody, WY 82414
$549,000 USD
307-586-2950

NO PHOTO

$549,000 USD
Light Distribution - FOR SALE
null | Request Cap Rate

2811 Big Horn Ave
Cody, WY 82414


HIGHLIGHTS

  • Highway frontage on Big Horn Avenue with visibility along a major commercial corridor.
  • Single-story commercial building constructed in 1967 on approximately 0.47 acres.
  • Equipped with 220-volt and 3-phase electrical service.
  • Includes office areas, shop space, and storage components.
  • Zoned Cody Open Business District (D-3) with multiple commercial and industrial use possibilities.
  • Located within a federally designated Opportunity Zone.

OVERVIEW

This prime commercial property, located on Cody's bustling Big Horn Avenue, offers a versatile 6,625-square-foot space suitable for various business ventures. The building includes dedicated office areas and is ideal for retail, manufacturing, or storage applications. Previously affected by a fire, the property is currently available "as is." However, the seller offers to restore the building, setting the sale price at $849,000, which equates to approximately $128.15 per square foot. Situated on one of Cody's most trafficked thoroughfares, this property ensures high visibility and accessibility. The area is recognized for its commercial vitality, making it a sought-after location for businesses aiming to capitalize on local and tourist traffic. Notably, the property is located within a federally designated Opportunity Zone, presenting potential tax incentives for investors. Opportunity Zones are designed to spur economic development and job creation in distressed communities by providing tax benefits to investors. Investing in this property could offer advantages such as deferral of capital gains taxes and potential exclusions on future gains, subject to specific conditions and holding periods. For detailed information on these benefits, prospective buyers should consult with a financial advisor or refer to resources provided by the Wyoming Business Council. Cody, Wyoming, serves as a gateway to Yellowstone National Park and is renowned for its rich cultural heritage.

FOR SALE DETAILS

PRICE

$549,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - Septic Field, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47

LAND SF

20,473

ZONING

D-3

APN/PARCEL ID

05010700114001

ASK ABOUT THIS PROPERTY

Erynne SelkRev Real EstateMore Info
307-586-2950

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Erynne SelkRev Real EstateMore Info
307-586-2950

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