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Motel with Guest Residences
For Sale
$2,350,000

1701 Central Ave, Cody, WY 82414

Commercial Sale, Cody, WY

Property SizeContact for details
Lot Size0.48 Acres
Days on Market372

Property Features for 1701 Central Ave

General Information

Property type Commercial Sale
Property subtype Other
Exterior features Natural Gas to Property, Outbuildings
Subdivision Henson Terrace
Standard status Active
Lot size 0.48 Acres

Taxes and HOA fees

Tax Description See warranty deed. Ownership is held under the Kenneth Edward and Ethel Frances J. Swope Revocable Trust
Legal Description See warranty deed. Ownership is held under the Kenneth Edward and Ethel Frances J. Swope Revocable Trust

Building Details

Year built 1968
Additional Structures Outbuilding
Listing Agency: REV Real Estate
Listed By: Erynne Selk · License #11379
Added: Sep 27, 2025 Changed: Sep 29 Last Checked: Oct 3 at 2:06PM
MLS# 10031722

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 1968, this Cody lodging property comprises 25 motel rooms, a duplex, and a separate house, with a total of 50 beds and 29 bathrooms. Updates include remodeled bathrooms, new flooring, paint, and windows. The 0.48-acre property also has outbuildings and natural gas service to the site.

The property is in Cody, approximately one hour from Yellowstone National Park’s East Gate.

Key Highlights

  • 25 motel rooms, a duplex, and a separate house
  • 50 beds and 29 bathrooms across the property
  • 0.48‑acre site with outbuildings

Property Analytics

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Current Use

Carter Mountain Motel Hotel & Motel

Suggested Use

Top Pick Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,040
Businesses Nearby
Well-served
Demand for This Use

Demographics for 82414, WY

16,087
Population
8,337
Households
1.9
Avg Household Size
48
Median Age
39%
College-Educated
97%
High-School Grad
2,706.9 sq mi
ZIP Area
6
Density / Sq Mi
$74,069
Median Household Income
$36,608
Median Earnings
$1,036
Median Rent
$421,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby

  • Beartooth Inn — 2513 Greybull Hwy, Cody, WY 82414
  • Rodeway Inn — 1919 17th St, Cody, WY 82414
  • Cody Legacy Inn & Suites — 1801 Mountain View Dr, Cody, WY 82414
  • Skyline Motor Inn — 1919 17th St, Cody, WY 82414
  • Green Gables Inn — 1636 Central Ave, Cody, WY 82414

Frequently Asked Questions

What type of property is this?
Motel - The lodging property includes a duplex and a separate house alongside its motel rooms.
Where is this motel located?
The property is located at 1701 Central Ave Cody, WY.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 25 motel rooms, a duplex, and a separate house; 50 beds and 29 bathrooms across the property; 0.48‑acre site with outbuildings
More about this property
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