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Iconic Commerical Building & Residential Home On 7 Acres 214 Yellowstone Avenue, Cody, WY 82414
Residential - Income
Mixed Use
Property Description
Formerly home to Cassie's Steakhouse and originally established in 1922 as Cassie's Supper Club, this iconic property offers a unique opportunity to own a piece of Cody's history. Spanning 7 acres, the property includes a 12,272 sq. ft. commercial building and a 1,949 sq ft residential home located behind the main structure.
Commercial Building Features:
- Lounge Room: Equipped with a separate bar, perfect for conversion into a gaming room, sports bar, cigar lounge, or other entertainment ventures.
- Main Entrance: Spacious area with a pool table section.
- Large Bar: Anchoring the space and ready to serve a variety of uses.
- Entertainment Areas: Two stage/live music spaces for performances or events.
- Dining Options: Expansive dining room and private dining rooms for versatility and guest privacy.
- Outdoor Space: A welcoming large porch facing Yellowstone Ave, ideal for outdoor seating or enhancing curb appeal.
Prime Location:
Situated on Yellowstone Ave, this property boasts excellent roadside signage to attract travelers heading to and from Yellowstone National Park. Located near Walmart and as one of the first restaurant buildings entering Cody from Yellowstone's West Entrance Gate, this property enjoys unparalleled visibility and tourist traffic.
Additional Income Potential:
The 3-bedroom, 2-bathroom house at the back of the property can serve as rental housing or owner accommodations, adding extra income opportunities.
Investment Opportunities:
- Purchase the entire property to rebrand or continue Cassie's legacy.
- The owner is open to leasing the restaurant building for $8,000 per month, allowing a new operator to take advantage of this historic space without full ownership.
Don't miss this chance to acquire an iconic property with tremendous potential, whether you're looking to develop a dining and entertainment hub, invest in prime Yellowstone tourist traffic, or generate rental income.
Area Description
Prime location on route to Yellowstone National Park. Heavy traffic & close proximity to Cody's Walmart, hotels and shopping.
Highlights
This property is a blank canvas for investors or restaurateurs ready to make their mark. Whether you’re inspired to rebrand or continue the Cassie’s legacy, the opportunities are endless.
Full Address: 214 Yellowstone Avenue, Cody, WY 82414
Listing Type: FOR SALE
Status: Active
Building Class: C
Region: W-WM
County: Park County
Use Type: Commercial/ Residential
Property ID: 4062022
Has Sewer: Yes
Has Water: Yes
Has Electric: Yes
Has Waste: Yes
Heating: Yes
Cooling: Yes
Has Gas: Yes
Has Sprinkler: Yes
Building Construction: Block, Frame, Timber Frame
Roof: Membrane
Building Sf: 12272
Number Buildings: 1
Year Built: 1956
Year Renovation: 1997
Free Standing: Yes
Tenancy Type: Multi-Tenant
This property is a blank canvas for investors or restaurateurs ready to make their mark. Whether you’re inspired to rebrand or continue the Cassie’s legacy, the opportunities are endless.