255 E SIMPSON Avenue, Jackson, WY 83001
255 E SIMPSON Avenue, Jackson, WY 83001
255 E SIMPSON Avenue, Jackson, WY 83001
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Travis Greene

Travis Greene

+1(208) 201-9953
$4,100,000
Est. payment /mo
1 Bed
2 Baths
2,604 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,604 sqft

Price per Sqft $1,574

Subdivision Cache Creek Addition

MLS Listing ID 26-2370

Bedrooms 1

Half Baths 1

Three Quarter Bath 1

HOA Y/N No

Year Built 1992

Annual Tax Amount $12,371

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Single Family Residence

Source Teton Board of REALTORS®

Property 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

State WY

County Teton

Community Cache Creek Addition

Area 08 - Town Of Jackson

Rooms

Basement Finished

Exterior

Utilities Available Cable Available

Building

Lot Description Few Trees, Year Round Access, No CC&R's, Landscaped

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 22-41-16-34-2-08-010

Horse Property No

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Listed by Century 21 Jackson Hole

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Travis Greene

Travis Greene

+1(208) 201-9953

Broker Associate License ID: AB27125

Broker Associate License ID: AB27125

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