Downtown Cody Mixed-Use Building For Sale

Rare Downtown Cody Opportunity – Retail + Residential Income Potential

Offered at $1,350,000, 1128 12th Street delivers a rare chance to own a premium mixed-use property in the heart of Cody, Wyoming’s thriving downtown corridor.

Prime downtown Cody investment opportunity located just off Sheridan Avenue, the city’s main commercial strip. This multi-unit property offers stable income with upside potential:

Main Floor (Retail Unit): Long-term lease in place with a coffee shop/restaurant under construction, scheduled to open by the end of September. Current rent: $4,400/month NNN.
Upstairs Unit 1: One-bedroom suite previously operated as an Airbnb at $130/day when booked. Recently leased to the tenant’s manager at $875/month on a 6-month lease.
Upstairs Unit 2 (Owner’s Suite): Currently owner-occupied, to be vacated upon sale. Market rental potential estimated at $2,000/month.

Current Monthly Income: $5,275
Pro Forma Potential Income: $7,275

With all units occupied and a long-term retail tenant secured, this property provides immediate income and strong investment potential in one of Wyoming’s most visited downtown districts.