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255 E Simpson Avenue

Jackson, WY 83001
  • $5,000,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 26-2225
UPDATED: 59 min ago
$5,000,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,604
    SQFT
  • $1,920
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

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.

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Listing information © 2026 Teton Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Mountain Properties. Data last updated: 2026-09-12T13:01:14.21.
www.coldwellbankertetonvalley.com/homes/180549912
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255 E Simpson Avenue Jackson, WY 83001

  • Price: $5,000,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 59 min ago
  • MLS #: 26-2225
0
Beds
0
Baths
0
½ Baths
0.17
Acres
2,604
SQFT
$1,920
$/SQFT
Neighborhood:
Cache Creek Addition
County:
Teton
Area:
08 - Town Of Jackson
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.
Exterior Features

Construction Materials Stick Built On Site Roof []

Interior Features

Cooling [] Heating []

Property Features

Association Fee 0 Other Equipment [] Sewer Public Sewer Structure Type [] Tax Amount 12371.6 Tax Year 2025 Utilities [] Water Source Public Zoning Description Mixed Use


Listing information © 2026 Teton Board of Realtors MLS.
Listing provided courtesy of Colleen Maestas of Century 21 Jackson Hole: 307-732-8181.



Listing information © 2026 Teton Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Mountain Properties. Data last updated: 2026-09-12T13:01:14.21.
 
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189 N Main Street, Suite 100
Driggs ID, 83422