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1651 8th St 8,244 SF Retail Building Cody, WY 82414 $1,699,000 ($206.09/SF)

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Investment Highlights

  • High Visibility Corridor Location
  • 8,244 Sq. Ft. Freestanding Commercial Building
  • Multiple Conversion or Repositioning Scenarios

Executive Summary

1651 8th Street is a high-visibility commercial building located along one of Cody’s primary corridors. The property consists of 8,244 square feet situated on approximately 0.86 acres with strong street presence and ample on-site parking.
The strength of this asset is the real estate itself - location, frontage, parking, and flexible commercial zoning. While the building is currently operating as Rooster’s Café, the existing restaurant use does not define the long-term value of the property. The layout and infrastructure allow for professional office, medical conversion, retail, multi-tenant investment, or continued hospitality use.
The property presents a fundamentally solid commercial investment suitable for an owner-user or investor seeking long-term stability and repositioning potential in a proven Cody location.
From a real estate standpoint, the asset offers the fundamentals that investors and owner-users seek, including visibility, access, site size, and flexible commercial zoning. The building footprint and existing infrastructure allow for multiple configurations, whether maintained as a single-user occupancy or repositioned into a multi-tenant layout.
While currently operated as a restaurant, the existing use should be viewed as transitional rather than defining. The structure is adaptable for professional office, medical office conversion, retail, service-based business, or continued hospitality use. The parking capacity and site layout provide flexibility that many infill properties in Cody do not offer.
The improvements are in solid condition and represent meaningful replacement cost value relative to new construction. For an owner-user, the property offers immediate functionality in a proven commercial location. For an investor, it provides a clear path to repositioning, lease-up, or conversion supported by year-round local demand and strong seasonal tourism.
This is a well-located commercial asset with flexibility, scale, and long-term viability in the Cody market.
Positioned in the heart of Cody with direct frontage along 8th Street, the property benefits from steady year-round local traffic as well as strong seasonal tourism driven by Yellowstone National Park and regional attractions. Surrounding commercial uses include medical, retail, hospitality, and professional services, supporting a wide range of future applications.

Attachments

OM 2.23.26

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,244 SF
Building Class
B
Year Built/Renovated
1958/2020
Price
$1,699,000
Price Per SF
$206.09
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.86 AC
Zoning
C
Parking
45 Spaces (5.46 Spaces per 1,000 SF Leased)
Frontage
81’ on 8th St

Amenities

  • Corner Lot
  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 8,244 SF
  • Retail
  • -
  • Now

Highly anticipated tourist location in Cody, Wyoming suitable for many commercial uses including retail, medical, and restaurant concepts. Location, location is essential for a business to thrive and this location offers high visibility and substantial on property parking for patrons. The property is surrounded by beautiful hotels, a high-end RV resort, one block from Cody Regional Health hospital and the city’s main attraction, Buffalo Bill Center of the West Museum. This building offers an attractive design featuring inviting exterior elements such as an outdoor gas fire pit for guests and an outdoor dining patio. The interior features western decor and furniture, rustic wood and antique elements throughout. There is a full bar in the center of the restaurant and a gift shop at the entrance. The kitchen is well equipped with all equipment needed to prepare menu items including a 700+ lb. capacity state-of-the-art rotisserie gas-fired wood smoker. Large, off-street parking lot and ample street parking for RVs and overflow. Rooster’s Café is the business currently operating on premise.

Space Size Space Use Position Available
1st Floor 8,244 SF Retail - Now

1st Floor

Size
8,244 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 8,244 SF
Space Use Retail
Position -
Available Now

Highly anticipated tourist location in Cody, Wyoming suitable for many commercial uses including retail, medical, and restaurant concepts. Location, location is essential for a business to thrive and this location offers high visibility and substantial on property parking for patrons. The property is surrounded by beautiful hotels, a high-end RV resort, one block from Cody Regional Health hospital and the city’s main attraction, Buffalo Bill Center of the West Museum. This building offers an attractive design featuring inviting exterior elements such as an outdoor gas fire pit for guests and an outdoor dining patio. The interior features western decor and furniture, rustic wood and antique elements throughout. There is a full bar in the center of the restaurant and a gift shop at the entrance. The kitchen is well equipped with all equipment needed to prepare menu items including a 700+ lb. capacity state-of-the-art rotisserie gas-fired wood smoker. Large, off-street parking lot and ample street parking for RVs and overflow. Rooster’s Café is the business currently operating on premise.

Nearby Major Retailers

Anytime Fitness
U.S. Bank
Bank of Montreal
Starbucks
Albertsons
Pinnacle Bank
CrossFit

Property Taxes

Property Taxes

Parcel Number
05046600001001
Land Assessment
$119,679
Improvements Assessment
$77,861
Total Assessment
$197,540
  • Listing ID: 39547900

  • Date on Market: 2/23/2026

  • Last Updated:

  • Address: 1651 8th St, Cody, WY 82414

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