1128 12th St, Cody, WY 82414
sale
$1,350,000
|
Other
Courtesy Of RE/MAX Elevation
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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Copyright © 2025 Northwest Wyoming Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: 31-40 Years Old
- Architecture Style: Other
- MLSID: 10030770
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