Address
255 E Simpson Avenue, Jackson, WY
Price
$ 5,000,000
Property Attributes
- MLS#262370
- TypeSingle Family
- Listing Status Active
- CountyTeton
- CityJackson
- Area08 - Town of Jackson
- NeighborhoodCache Creek Addition
- Zip83001
- Style
- Year Built1992
- Taxes$ 12371
- Price$ 5,000,000
- Bedrooms1
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage2604
- Lot Size0.17 Acres
Data Source:
Teton MLS (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.
| Price History | |
|---|---|
| 9/13/2026 | Listed $5,000,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Available |
| Possession | Upon Recording |
| Construction Materials | Wood Siding,Stick Built On Site |
| Year Built | 1992 |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Parcel Number | 22-41-16-34-2-08-010 |
| County | Teton |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | Cache Creek Addition |
| Status | Active |
| City | Jackson |
| Senior Community Y/N | false |
| Zoning Description | Mixed Use |
| MLS Area | 08 - Town of Jackson |
| Lot Size Units | Acres |
| Lot Size Square Feet | 7405.2 |
| Tax Annual Amount | 12371.6 |
| Standard Status | Active |
Interior Features
| Basement | Finished |
|---|---|
| Furnished Y/N | Unfurnished |
| Half Baths | 1 |
| 3/4 Baths | 1 |
| Total Bedrooms | 1 |
| Below Grade Finished Area | 1302 |
| Total Baths | 2 |
Exterior Features
| Lot Features | Few Trees,Year Round Access,No CC&R's,Landscaped |
|---|---|
| Water Source | Public |
| Lot Size Area | 0.17 |
| Building Area Total | 2604 |
| Lot Size Acres | 0.17 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 83001
Price
Taxes
Year Built
Wyoming Multiple Listing Service - Casper Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
