540 1st Ave S
540 1st Ave S, Greybull, WY · Big Horn
0.09
Acres
1958
Built
About This Property
Excellent opportunity to own a well-maintained commercial building in a prime downtown Greybull location. Currently operating as The Tipsy Cow Bar, this property offers strong visibility and flexibility for a variety of commercial uses, including bar, restaurant, retail, office, or mixed-use space. The building features an open main area with an existing bar setup, spacious seating layout, two restrooms, ample storage, and additional space in the back that can be used for storage, office space, or future expansion. A new roof installed in 2025 adds value and reduces near-term capital expenses. With a flexible floor plan, the space can be easily reconfigured to suit different business needs. Situated on a high-traffic corner along Greybull’s main thoroughfare, the property benefits from steady local and tourist traffic year-round, along with close proximity to other downtown shops, restaurants, and community attractions. This property is well suited for owner-operators or investors seeking a downtown commercial building with strong exposure and long-term potential in a Wyoming community.
Estimated Monthly Payment
$2,238/mo
Estimate only. Based on 7.0% rate, 30-yr fixed, 20% down. Actual rates, taxes, insurance, and HOA may vary. Does not include PMI. Consult a lender for accurate figures. Source: standard amortization formula per §18.2.11.
Big Horn County Market Snapshot
$685K
Median Price
18
Avg Days on Market
47
Active Listings
This property is listed at $350,000 — 49% below median for Big Horn County.
Source: Real Estate Outlaws market analysis. Not MLS data. Data approximate and subject to change.
Property Details
Listed by 307 Real Estate · 307-587-4959 · Agent: Ryan McDaniel
Source: Northwest Wyoming Board of REALTORS® MLS
Location
Living in Greybull, Wyoming
Airport Access
Nearest commercial airport: Yellowstone Regional Airport (COD) in Cody, WY
Yellowstone
Yellowstone East Gate via Cody, about 52 miles, 1 hr drive
Recreation
Shoshone National Forest, Bighorn National Forest, Yellowstone National Park all within reach
Schools
Contact us for details on local schools and districts
Source: distances are approximate and based on typical driving conditions. Verify with local resources.
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Listing information deemed reliable but not guaranteed. Listing data provided by the Northwest Wyoming Board of REALTORS® MLS. 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.
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