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Building Only - Cody, WY
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 dow...
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.
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