Commercial Restaurant & Bar with Residential Home
Step into a rare opportunity to own or lease a prime commercial property steeped in history and perfectly situated on the bustling route to Yellowstone National Park. This iconic property offers limitless potential for its next owner to reimagine and revitalize.
Key Property Features:
Prime Location: Positioned on Cody’s busiest thoroughfare, near Walmart and the vibrant business district, this property enjoys high visibility and year-round foot traffic from tourists and locals alike.
Expansive Facilities: Includes a fully equipped restaurant and sports bar along with a 1,949 sq. ft. single-family home, perfect for rental income or on-site housing.
Full Liquor License: A valuable full liquor license (on/off-sale) is included, allowing for immediate operation of a bar, restaurant, lounge, or liquor store.
Turnkey Operation: Features a commercial kitchen with all necessary equipment, furniture, fixtures, and appliances, plus a drive-through for added convenience.
High-Visibility Signage: Premium signage ensures maximum exposure to passing traffic.
Ample Parking: On-site parking makes the property convenient for guests or customers.
Business Potential:
Restaurant is a name known and loved throughout Cody, with a strong legacy and online presence. While the restaurant is not currently in operation, it remains fully equipped and ready for a new owner to breathe fresh life into its historic charm. Whether you choose to revive the iconic brand or launch a new concept, this property offers the tools and location needed to succeed.
Flexible Ownership Options:
The seller offers flexibility to accommodate your vision:
For Sale or Lease: Purchase the property outright, lease it for your venture, or explore a lease-to-purchase option.
Seller Financing Available: Make ownership more accessible with financing options directly from the seller.
Customizable Lease Terms: The landlord is open to leasing just the restaurant or sports bar under the right terms.
Investment Opportunity:
Located just minutes from Yellowstone National Park, Cody is a hub for tourism, drawing thousands of visitors annually. This property’s location, paired with its historical significance and turnkey features, makes it an exceptional investment opportunity.
Financials (USD)
Net Operating Income (Annual) Not Disclosed
Asking Price $1,699,000
Cap Rate Available On Request
Additional Details
Street Address 214 Yellowstone Avenue
Building Area 12272.00 Square Feet
Building Class Class C Building
Year Built/Renovated 1997
Land Area 7.01 Acres
Deal Terms
Who is Listing the Property? Real Estate Broker
Broker Co-Op? Available On Request
Seller Financing Available? Yes
Seller Willing To Lease? Yes
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