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    1651 8Th St Cody, WY 82414

    Sponsored
    For Sale
    $1,899,900

    Profitable Restaurant & Hotel Potential

    Property size:
    8,244 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property in Cody, Wyoming, presents a unique investment opportunity. Located at 1651 8th St, this 8,244 square foot building sits on a 37,461.6 square foot lot and boasts a diverse range of uses, including a well-established restaurant, hotel accommodations, and executive office space. Constructed in 1958, the property enjoys a prime location within walking distance of popular attractions like the Buffalo Bill Center of the West Museum, shopping, a hospital, and numerous medical facilities. The current restaurant configuration, operating as "Rooster's Cafe," features a substantial kitchen equipped with a bakery, BBQ pit, and extensive cooking equipment, capable of serving breakfast and lunch to approximately 200 diners indoors and 50 more on a covered patio. Ample parking is available. The existing business is fully staffed and managed, offering a turnkey operation with significant potential for expansion, including extending hours to include dinner service. This presents a rare chance to acquire a profitable, established business with diverse income streams in a thriving Wyoming community. The asking price is $1,899,900. This property is zoned for Hotel, Executive Office, and Restaurant uses.

    Property Features for 1651 8Th St

    General Information

    Property type
    Restaurants
    Square Feet
    8,244 SF

    Building Details

    Year Built
    1958

    HighLights

    • 8,244 SF mixed‑use building on a 37,461.6 SF lot in Cody, Wyoming.
    • Prime location near Buffalo Bill Center of the West, shopping, and medical facilities.
    • Includes established restaurant ("Rooster's Cafe") with large kitchen, bakery, and BBQ pit, seating 250+.
    • Features hotel accommodations and executive office space.
    • Turnkey operation with significant expansion potential; asking price $1,899,900.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rooster's Cafe Breakfast Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cody
    County
    Park
    State
    Wyoming
    Longitude
    -109.0724034
    Latitude
    44.5198264

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    FAQs

    What type of property is this?
    Restaurant - Profitable Restaurant & Hotel Potential
    Where is this restaurant located?
    The property is located at 1651 8Th St Cody, WY.
    What is the asking price?
    The asking price for this property is $1,899,900.
    What are key features of this property?
    This property features: 8,244 SF mixed-use building on a 37,461.6 SF lot in Cody, Wyoming.; Prime location near Buffalo Bill Center of the West, shopping, and medical facilities.; Includes established restaurant ("Rooster's Cafe") with large kitchen, bakery, and BBQ pit, seating 250+.
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    1651 8Th St 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
    1651 8Th St Cody, WY 82414
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