255 E SIMPSON Avenue Jackson, WY 83001
1 Bed
2 Baths
2,604 SqFt
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 $1,920
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
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