255 E Simpson Ave | Image 1
255 E Simpson Ave | Image 2
255 E Simpson Ave | Image 3
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255 E Simpson Ave | Image 7

$5,000,000

For Sale

A month ago

255 E Simpson Ave, Jackson, WY

House

MLS® 26-2370

1 Bed

2 Bath

2604 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2604 sqft
Garage 
Taxes $12,372
Days Active 23
Lot Size 0.17 Acres
Approx. Age 1992
Avg. Price Per Sqft $1,920
MLS® Number 26-2370

Property Address: 255 E Simpson Ave, Jackson, WY, 83001-8482

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number26-2370
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1992
BasementFinished
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 24, 2026List Date
$5,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
255 E Simpson Ave, Jackson, WY

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