255 E SIMPSON Avenue, Jackson, WY 83001

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 commercia

l 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.