NEWLY LISTED
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$5,000,000 USD
255 E SIMPSON Avenue
Jackson, Wyoming 83001
USA
Jackson, Wyoming 83001
USA
241.912 m2 ::
2,604 sqft
Commercial for Sale, Other Commercial Property
Land size: 0.02 m2 ::
0.17 sqft
Sale price per sqm: 20,668.03
Tax: 12,372 USD
Remarks:
A rare downtown Jackson opportunity with significant redevelopment upside. Located directly across from the Teton County Courthouse, this 2,600 SF property sits on Office/Residential zoned land -- one of the most flexible and valuable zoning designations in a market where buildable, centrally located parcels are exceptionally scarce. The current improvement is a fully built-out office building (7 offices, conference room, kitchen/breakroom, 2 bathrooms, 7 parking spaces), generating immediate utility or lease income while a redevelopment plan is finalized. But the real value lies in what the zoning permits: attached dwellings/apartments, accessory residential units, retail, service, day care, education, and home occupation uses, in addition to office. This creates multiple paths to maximize return, including: Mixed-use conversion -- combining ground-floor retail or service space with residential units above Multifamily/attached dwelling development -- adding density in a housing-constrained market where residential demand consistently outpaces supply Live-work product -- pairing office or retail with accessory residential units, an increasingly sought-after model in Jackson Continued/expanded commercial use -- leveraging the courthouse-adjacent location for legal, professional, or service tenants With Jackson's persistent land scarcity, strict zoning limitations elsewhere in town, and strong underlying demand for both housing and commercial space, this Office/Residential-zoned parcel represents a strategic hold or a near-term redevelopment play for investors looking to capitalize on downtown Jackson's long-term growth trajectory.
Location:
255 E SIMPSON Avenue, Jackson, Wyoming 83001, USA
Listed By CENTURY 21 Jackson Hole
The Commercial for Sale, Other Commercial Property located at 255 E SIMPSON Avenue, Jackson, Wyoming 83001, USA is currently for sale. 255 E SIMPSON Avenue, Jackson, Wyoming 83001, USA is listed for $5,000,000 USD. This property has 2,604 sqft. If the property located at 255 E SIMPSON Avenue, Jackson, Wyoming 83001, USA isn't what you're looking for, search Wyoming Real Estate to see other Commercial For Sale in Jackson.
