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Income Producing Leased Restaurant 214 Yellowstone Ave 12,272 SF 100% Leased Retail Building Cody, WY 82414 $2,371,668 CAD ($193.26 CAD/SF)
INVESTMENT HIGHLIGHTS
- High visibility
- Large Commercial Kitchen
EXECUTIVE SUMMARY
Own an iconic piece of Cody’s history while earning passive income from day one. Established in 1933, Cassie’s Supper Club is a fully leased commercial property located on 7 acres along Cody’s busiest commercial corridor—Yellowstone Avenue, the gateway to Yellowstone National Park.
Currently operating under a 5-year absolute net lease at $7,000 per month, this property offers a rare opportunity for investors seeking stable income with minimal management and significant future upside.
Investment Summary
Tenant: Long-term restaurant operator
Lease Term: 5 years
Rent: $7,000/month | Absolute NNN (tenant covers all expenses)
Included in Lease: Restaurant building, primary acreage, and full retail liquor license
Excluded from Lease: ~1.5 acres and 1,949 sq. ft. single-family residence
Property Features
12,272 sq. ft. restaurant and entertainment venue designed for high-volume operations
Separate lounge and main bar, two stages, and expansive dining areas
Fully equipped commercial kitchen
All furniture, fixtures, and equipment included in sale
1,949 sq. ft. residence (3 bed / 2 bath) ideal for additional rental income or on-site housing
Expansion & Value-Add Potential
7 total acres with unused rear acreage suitable for:
RV or boat storage lots
Self-storage development
RV park or short-term lodging
Renovation of existing residence for added monthly income or vacation rental use
The combination of an established tenant, a long-term NNN lease, and substantial unused land makes this property ideal for investors looking for passive cash flow today and scalable value tomorrow.
Location Highlights
Prime frontage along Yellowstone Ave near Walmart and major tourist traffic to Yellowstone
High visibility, easy access, and strong year-round exposure
Situated within Cody’s thriving commercial corridor
Currently operating under a 5-year absolute net lease at $7,000 per month, this property offers a rare opportunity for investors seeking stable income with minimal management and significant future upside.
Investment Summary
Tenant: Long-term restaurant operator
Lease Term: 5 years
Rent: $7,000/month | Absolute NNN (tenant covers all expenses)
Included in Lease: Restaurant building, primary acreage, and full retail liquor license
Excluded from Lease: ~1.5 acres and 1,949 sq. ft. single-family residence
Property Features
12,272 sq. ft. restaurant and entertainment venue designed for high-volume operations
Separate lounge and main bar, two stages, and expansive dining areas
Fully equipped commercial kitchen
All furniture, fixtures, and equipment included in sale
1,949 sq. ft. residence (3 bed / 2 bath) ideal for additional rental income or on-site housing
Expansion & Value-Add Potential
7 total acres with unused rear acreage suitable for:
RV or boat storage lots
Self-storage development
RV park or short-term lodging
Renovation of existing residence for added monthly income or vacation rental use
The combination of an established tenant, a long-term NNN lease, and substantial unused land makes this property ideal for investors looking for passive cash flow today and scalable value tomorrow.
Location Highlights
Prime frontage along Yellowstone Ave near Walmart and major tourist traffic to Yellowstone
High visibility, easy access, and strong year-round exposure
Situated within Cody’s thriving commercial corridor
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
12,272 SF
Building Class
C
Year Built/Renovated
1956/1997
Price
$2,371,668 CAD
Price Per SF
$193.26 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
7.01 AC
Zoning
D-3 Commercial - Cody Open Bus Dist (D-3)
Frontage
460’ on Yellowstone Ave
AMENITIES
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
NEARBY MAJOR RETAILERS
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Income Producing Leased Restaurant | 214 Yellowstone Ave
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