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$1,950,000
10030843 MLS
1057 Sheridan Avenue presents an opportunity to acquire a fully leased, single-tenant Triple Net (NNN) investment property located along Sheridan Avenue in the heart of downtown Cody, Wyoming. Offered at $1,950,000, the property generates a current Net Operating Income of $149,250, representing a 7.65% capitalization rate, while providing investors with predictable cash flow, limited landlord responsibilities, and contractual income growth. The property is leased to Millstone Pizza Company, an established full-service restaurant, brewery, and sports bar serving both Cody's year-round residents and the region's thriving tourism economy. Under the existing Triple Net lease, the tenant is responsible for substantially all operating expenses, including real estate taxes, building insurance, maintenance, repairs, and utilities, creating a passive ownership structure with minimal ongoing management responsibilities. At today's asking price, those contractual rent adjustments provide projected cap rates of approximately 8.66%, 9.81%, and 11.10%, assuming renewal options are exercised and property-level expenses remain substantially consistent. Whether acquired as a passive investment, a 1031 exchange replacement property, or a long-term portfolio holding, 1057 Sheridan Avenue offers immediate income, contractual rent growth, and an attractive risk-adjusted return backed by an established operating business.

1057 Sheridan Ave, Cody

Listing courtesy of REMAX Elevation.

$1,225,000
10030815 MLS
BEST BARBECUE JOINT NORTH OF TEXAS!!! In operation since 2015, FAT RACKS BBQ is a well established, local favorite with Lone Star Flair! Don't miss this incredible opportunity to own your very own profitable, turn-key RESTAURANT AND BUILDING in a PRIME-PRIME location on the highly coveted Main Street of Cody, Wyoming near the East Entrance of Yellowstone National Park! Building has many updates including remodeling inside and out. If you've been dreaming of being your own boss and owning an easy to run and highly successful restaurant business with a profitable food truck and catering aspect, look no further than Fat Racks! Comes with Food Truck & smoker. All potential buyers to sign NDA. See Included Equipment list. Owner to sign non-compete. Business & Building can be purchased separate from each other. Asking price for Business is $375,000.00. Asking price for Building is $850,000.00.

1491 Sheridan Ave, Cody

Listing courtesy of 307 Real Estate.

$3,950,000
5 Beds 5 Baths 10030802 MLS
366 Lower Southfork Road: An Unmatched Legacy in Nature’s Embrace Seize a rare opportunity to own a piece of history with this extraordinary legacy property situated on the iconic South Fork of the Shoshone River, boasting an impressive 1,300 feet of river frontage. Just 15 miles from the vibrant town of Cody, Wyoming, this historic ranch promises breathtaking views and a unique lifestyle amidst the splendor of the great outdoors. Premier Location: Enjoy unparalleled access to the BLM/South Fork River, creating a serene and picturesque backdrop for your daily life. Benefit from deeply rooted water rights, ensuring your crops and livestock thrive year-round. The property is graced with hundreds of mature trees and extensive landscaping, providing a beautiful setting that blends seamlessly with nature.This ranch holds rich historical value, appealing to ranch enthusiasts and nature lovers alike.Located just a short drive from Cody, you’ll experience the perfect balance of rural tranquility with access to urban amenities. A regional airport nearby offers convenient flights to Denver, enhancing your travel options.Includes a spacious 4-car garage, a heated RV garage, and two heated shop/storage buildings, perfect for all your needs.This is one of the last remaining legacy properties in the area, making it a truly unique investment for future generations. Don’t miss your chance to own this stunning ranch that offers a perfect blend of adventure, tranquility, and rich heritage.

366 Lower Southfork Rd, Cody

Listing courtesy of 307 Real Estate.

$153,000
10030735 MLS
This 5.83± acre vacant parcel is located just minutes from Powell, Wyoming, offering convenient access to town amenities while maintaining a peaceful, rural setting. Situated within a small subdivision with only a few lots, the property provides privacy, open space, and a quiet location ideal for residential use. The land offers wide-open mountain views and serves as a blank canvas to design and build a custom home. The size of the parcel allows flexibility for a home site, outbuildings, landscaping, and outdoor living space. This property is well-suited for buyers seeking a buildable lot near Powell, combining acreage, privacy, and scenic views without sacrificing convenience. An excellent opportunity for those looking to build a primary residence or invest in land in a desirable location.

TBD Country Valley Lane, Powell

Listing courtesy of 307 Real Estate.

$925,000
6 Beds 4 Baths 10030637 MLS
Breathtaking Views and Unmatched Serenity! Welcome to 5 Breezy Lane, where rural living meets convenience—just a short drive to town. If you’ve been dreaming of wide-open spaces and stunning scenery, look no further! This home boasts soaring ceilings and a spacious, open layout perfect for entertaining. The massive kitchen features an oversized island, ideal for hosting. Each room is generously sized with walk-in closets, and the master suite is truly luxurious, complete with a spa-like master bath you'll never want to leave. Step outside and be captivated by some of the best mountain views Wyoming has to offer. Enjoy dinner on your covered back porch while overlooking your lush, green lawn, nurtured by some of the state’s most fertile soils. This is rural living at its finest—a rare gem that won’t last long. Don’t miss out on this incredible opportunity

5 Breezy Ln, Cody

Listing courtesy of 307 Real Estate.

$349,900
10030441 MLS
Every day, thousands of travelers begin their journey to Yellowstone National Park, and for many, Bubba's Bar-B-Que is where the experience begins. Nestled in Cody, Wyoming, just minutes from the world-famous Cody Nite Rodeo, this established restaurant has become a favorite for both locals and visitors seeking authentic Wyoming hospitality and slow-smoked barbecue. More than a restaurant, Bubba's is a proven, profitable business built on an established franchise system, experienced management, loyal employees, and a strong repeat customer base. Whether you're an experienced operator or pursuing your first business venture, this truly turn-key opportunity allows you to step into a successful operation from day one. The current owners will provide training and a non-compete agreement to help ensure a smooth transition. Beyond the dining room, a growing catering business offers additional revenue opportunities and room for expansion. Wyoming's business-friendly climate—including no state income tax and no corporate income tax—adds to the appeal of owning and growing a business here. If you've dreamed of combining the Wyoming lifestyle with business ownership, this is your opportunity to own one of Cody's best-known restaurants. Seller financing is available for qualified buyers under acceptable terms. Restaurant equipment (approx. $88,000) and soft goods inventory (approx. $40,000) are excluded from the purchase price. Buyer to assume the building lease with purchase.

512 Yellowstone Ave, Cody

Listing courtesy of REMAX Elevation.

$130,000
10030213 MLS
PRICE REDUCTION! Discover the magic of Copperleaf with one of the best lots in the subdivision! Nestled in the Wapiti Valley, the Copperleaf subdivision is the epitome of Western living, with over 300 days of sunshine, mild winters, and year-round opportunities for outdoor adventure. Copperleaf is a private, gated community with over a mile of private access to the Shoshone river and blue-ribbon trout fishing. The limited number of premium home sites make it a haven for those who cherish open space, emphasizing the preservation of open space and panoramic views. The community is located 20 minutes from Cody, where you can enjoy shopping, entertainment, fine dining, our regional airport, or top-notch medical services. Travel 40 minutes west and you'll enter Yellowstone National Park and 3,500 square miles of recreation, wildlife, and scenic beauty. The community is surrounded by outdoor opportunities such as hiking, hunting, fishing, boating, skiing, off-roading, ice or rock climbing, wildlife photography, and more. If natural beauty, a relaxing lifestyle, and a custom home are what you seek, look no further than Copperleaf. This 1.58-acre lot is your chance to become part of a community that values quality living in a stunning setting.

131 Copperleaf Dr, Cody

Listing courtesy of American West Realty & Management.

$1,750,000
10013310 MLS
Property for sale but mostly leased at this time. The property is a large 29,240 SF metal frame building on 2.3 acre lot in business park. Close to Highway 14A on wide city street. Previously used for large scale manufacturing business associated with the energy industry. All 25,560 SF of shop space now leased. ONLY SPACE REMAINING TO BE LEASED IS THE 3,680 SF 12-OFFICE SUITE COMPLEX ON SOUTH END. This suite complex has forced air heating and central air. The complex contains two bathrooms, communications room, storage room, break room and large loft area above the offices for storage. Two of the offices have outside entrances. Floor plan of office suite complex in Docs attached to the MLS listing. Seller seeking client to lease the entire complex, but willing to consider approval of subletting as the complex is quite large. The lease price to be negotiated will include all utilities as there aren't separate meters for this complex. For the shop space there are multiple bays extending north from the office suite. 12 overhead doors, radiant heating, two 5 ton overhead cranes, two sets of bathrooms, and two sets of offices. Entertaining offers to lease the 12-Office Suite Complex, or to buy the entire property.

415 Alan Rd, Powell

Listing courtesy of The Real Estate Connection.

$725,000
4 Beds 4 Baths 10020239 MLS
Downtown Cody Living with Built-In Flexibility Two blocks from Sheridan Avenue, this 2022-built townhouse offers immediate proximity to downtown dining, shops, and year-round events—without the upkeep of a traditional home. Built by Coe Construction, the property includes four bedrooms, four baths, and 2,664 finished square feet, including a fully finished basement that provides additional space for guests, recreation, or a home office. Ten-foot ceilings, tile flooring, a metal roof, central air conditioning, forced-air natural gas heat, and a gas fireplace deliver lasting durability and everyday comfort. Mountain views from the primary suite provide open-sky perspective rarely found this close to downtown. D-2 Commercial zoning allows full-time residential use, short-term rental, or live/work flexibility. The home has an established short-term rental history, creating income potential when not in personal use. The layout supports full-time residents and part-time owners seeking lock-and-leave convenience. With a $200 per year HOA and a move-in-ready interior, ownership remains straightforward and predictable. Enjoy it when you’re here. Let it work when you’re not.

1228 12th St 4, Cody

Listing courtesy of Richard Realty.

$675,000
10021403 MLS
Productive farm ground 2 miles East of Deaver, Planted to Beets, Alfalfa and Grass. Borders a huge block of BuRec land. Irrigated through gated pipe, cement ditch and dirt ditch. Two headgates out of the D-56 canal which runs through the property. Live water drain, old homestead site with trees at the County Rd. (Lane 7 1/2 already has a MDU gas line and Cowley City water and Big Horn Rural Coop electric lines along road. Excellent pheasant hunting with deer available too. Total acreage is based on legal description, subject to surveying. Irrigated acreage is Sellers estimate. Good farm ground with utility lines in place already. Seller used to reside there in a mobile home. It has been moved off.

359 Lane 7 1/2, Deaver

Listing courtesy of BHHS Brokerage West, Inc..