An exceptional investment opportunity in the heart of downtown Cody, Wyoming. This 5,908 sq. ft. mixed-use building offers significant income potential and an unbeatable location directly across from the historic Irma Hotel, steps from Cody’s bustling Sheridan Avenue.
Investment Highlights:
Income Potential:
Airbnb rentals on the second floor: Estimated annual income up to $65,000.
Lease income from the main and basement levels: Estimated at $5,535 per month or $66,420 annually.
Total potential annual income: Over $131,000.
Prime Location: High foot traffic and excellent visibility in one of Cody’s busiest commercial hubs.
Versatile Space:
Second-floor residential units: Includes a 2-bedroom/2-bath unit and a studio, perfect for short-term or long-term rental.
Main-level commercial space: Ideal for retail, dining, or office use.
Finished basement: Suitable for additional office space, storage, or potential expansion.
Turnkey Opportunity: Historic charm with modern upgrades and established income streams.
This property is a rare find in downtown Cody’s competitive real estate market. Its blend of commercial and residential use offers multiple revenue streams and long-term value for investors.