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    214 Yellowstone Ave Cody, WY 82414

    For Sale
    $1,699,000

    Building Only - Cody, WY

    Lot size:
    7.01 Acres
    Days on Market:
    60
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 214 Yellowstone Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    7.01 Acres

    Building Details

    Year built
    1956
    Architectural style
    Other

    RE/MAX Elevation (307) 855-1234

    Listing agent Brenton Hayden (307) 855-1234

    Listing date Oct 17, 2025

    MLS# 10030831 Listing URL

    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.

    Overview

    Iconic Cody Property on Yellowstone

    This 7-acre property, formerly Cassie's Steakhouse established in 1933 as Cassie's Supper Club, includes a 12,272 sq. ft. commercial building and a detached 1,949 sq. ft. residential property with 3 bedrooms and 2 bathrooms, offering potential for rental income or on-site housing. The commercial building features a lounge with a separate bar, suitable for conversion into a gaming room, sports bar, or cigar lounge, a main entrance area with a pool table, and a large central bar. It also includes two stages, an expansive dining area with a full bar, and a spacious kitchen designed for high-volume operations. A large porch faces Yellowstone Ave, providing outdoor space to attract tourist traffic. Located on Yellowstone Ave near Walmart, the property benefits from high visibility and proximity to travelers heading to Yellowstone National Park. The restaurant and liquor license has been recently rented for a new 5-year term beginning October 2025. This property presents opportunities for investors or restaurateurs, whether for rebranding or continuing Cassie's legacy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cassie's Steakhouse Restaurant Steak House Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cody
    County
    Park
    State
    Wyoming
    Longitude
    -109.093956
    Latitude
    44.515616

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    FAQs

    What type of property is this?
    Restaurant - 7-acre property with 12,272 sq ft commercial building and residence.
    Where is this restaurant located?
    The property is located at 214 Yellowstone Ave Cody, WY.
    What is the asking price?
    The asking price for this property is $1,699,000.
    What are key features of this property?
    This property features: - High-visibility location on Yellowstone Ave near Walmart, capturing tourist traffic heading to Yellowstone National Park.; - Large 12,272 sq. ft. commercial building with versatile spaces including a lounge, main bar, two stages, expansive dining area, and spacious kitchen.; - Includes a detached 1,949 sq. ft., 3-bedroom, 2-bath residential property for rental income or on-site housing.
    (307) 855-1234
    Request Owner's contact information
    214 Yellowstone Ave Cody, WY 82414
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    Cody, WY 82414
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    214 Yellowstone Ave Cody, WY 82414
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