
$5,000,000 USD
Commercial for Sale, 255 E SIMPSON Avenue, Jackson, Wyoming 83001
- MLS#26-2225
242 m² (2,604 ft²)
Listed By CENTURY 21 Jackson Hole
The Commercial Property for Sale located at 255 E SIMPSON Avenue, Jackson, Wyoming 83001 is currently for sale. 255 E SIMPSON Avenue, Jackson, Wyoming 83001 is listed for $5,000,000.
Property features
Property
- Property size:
242 m² (2,604 ft²)
Lot/Land
- Land/Lot size:
0 m² (0.17 ft²)
Description
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