$5,000,000

1 Bedrooms Single Family Detached

  • 1 Beds
  • 2 Baths
  • 2,604 Sqft
  • 7,406 Sqft lot
  • Updated: September 14
  • MLS#26-2370

About the Property

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
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.
  • Property type

    House

  • Year built

    1992

  • Price/sqft

    $1,920

Features

  • Mountain View
  • Garden
  • Terrace
  • Walk In Closet
  • Parking
  • Gas Stovetop
  • Office
  • Basement

Explore the Area

255 E SIMPSON Avenue, Jackson, WY 83001, Wyoming, United States View on Google Maps
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Colleen Maestas

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Colleen Maestas
Wyoming, United States
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2025
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CENTURY 21 Jackson Hole
CENTURY 21 Jackson Hole
1725 N East Butte Rd, 83001, Jackson, Wyoming, United States
View agency profile
TBD
Last updated
September 14
First listed
Sep 14
Listing reference
104C585F-CBE6-4DD3-974D-73BA8FF04ACF
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