Contacts

RE/MAX Elevation
CEO
Property Details
- Property Type Mixed Use - Office / Retail / Residential
- Property Size 5,908 SF
- Units 2
- Lot Size 0.07 Acre
- # of Floors 3
- Year Built 1985
- Date Updated Apr 25, 2025
Exceptional Investment Opportunity in Downtown Cody, Wyoming
This 5,908 sq. ft. mixed-use building presents significant income potential and an unbeatable location directly across from the historic Irma Hotel, just steps from Cody’s bustling Sheridan Avenue.
Investment Highlights
- Income Potential:
- Airbnb Rentals: Second-floor units estimated to generate up to $65,000 annually.
- Lease Income: Main and basement levels estimated at $5,535/month or $66,420 annually.
- Total Potential Annual Income: Over $131,000.
- Prime Location: High foot traffic and excellent visibility in Cody’s busiest commercial hub.
- Versatile Space:
- Second Floor: Includes a 2-bedroom/2-bath unit and a studio, ideal for short- or long-term rentals.
- Main Level: Perfect for retail, dining, or office use.
- Finished Basement: Ideal for additional office space, storage, or expansion.
- Turnkey Opportunity: Combines historic charm with modern upgrades and established income streams.
Key Financials
- Airbnb Income Potential: $5,416/month
- Commercial Lease Income Potential: $5,535/month
- Total Combined Monthly Income: $10,951
This property is a rare find in downtown Cody’s competitive market, offering multiple revenue streams and long-term value for savvy investors.
Don’t Miss Out
Opportunities like this don’t last long. With proven earning potential, prime location, and versatile spaces, this property is perfectly positioned to deliver substantial returns.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Across from the historical Irma Hotel
- Sheridan Ave cross street
- full basement for storage
- second floor residential unit
- outdoor patio
- cocktail bar
- storefront
- high foot traffic location
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Cody, WY
- Zip Code 82414
Points of Interest
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Watzilla
0.50 miles
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Maverick
0.68 miles
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RV parking
0.51 miles
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Church Parking
0.70 miles
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The Irma Hotel
0.05 miles
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Chamberlin Inn
0.09 miles
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Moose Creek Lodge & Suites
0.17 miles
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The Scout Inn
0.25 miles
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Comfort Inn at Buffalo Bill Village Resort
0.39 miles
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Buffalo Bill Village
0.44 miles
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Holiday Inn Cody at Buffalo Bill Village
0.45 miles
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Buffalo Bill Village Motel Office
0.46 miles
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Wigwam Motel
0.48 miles
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Sunrise Motor Inn
0.49 miles
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Sears
0.62 miles
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Albertsons
0.66 miles
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Walmart Supercenter
1.36 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

RE/MAX Elevation
CEO