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$249,900
3 Beds 4 Baths 10032743 MLS
Income producing real estate in downtown Lovell, Wyoming with room to develop/expand. The property offers 3 apartment units and an additional rental space currently being operated as a beauty salon. Updates and amenities include a newer roof, furnace, hot water heater, new paint and flooring, new LED lighting, new vanities, vinyl siding, handicap accessibility to salon and lots of off-street parking. 2 apartments have 1-year leases, 1 apartment is a month-to-month rental and the tattoo or hair salon is a month-to-month rental. The seller pays all utilities (approximately $336 per month). Tenants remove all snow. The location is excellent and a very short walk to main street and local businesses, a short drive to the Big Horn Mountains for outdoor recreation on National Forest with hiking, ATV and horseback riding, fishing, camping and hunting galore. Cody, Wyoming is less than a 1-hour drive and Yellowstone National Park is just down the road.

450 Montana Ave, Lovell

Listing courtesy of Canyon Real Estate, LLC.

$185,000
3 Beds 1 Baths 10032648 MLS
A spacious corner property with built-in income potential and plenty of room to add value. The main home offers flexible living areas, an open kitchen and dining space, abundant natural light, multiple bedrooms, and additional basement space for laundry, storage, hobbies, or future improvement. Outside, the large fenced lot provides room for pets, gardening, recreation, parking, and outdoor projects, along with a covered work or storage area. Adding to the appeal is a separate apartment currently rented month-to-month for $600 per month, offering immediate supplemental income or future flexibility. The property could be updated, making it a strong option for buyers seeking space, rental income, and the opportunity to build equity. Schedule a showing and explore the possibilities.

205 Oregon Ave, Lovell

Listing courtesy of 307 Real Estate.

$499,950
10032368 MLS
Turnkey Business Opportunity in the Heart of Lovell, Wyoming! Own a long-standing community destination with Rose City Lanes, a fully operational 8-lane bowling facility offering entertainment, food service, and income potential all under one roof. This turnkey opportunity includes the real estate, bowling equipment, business inventory, and operational assets, making it ready for a seamless transition to new ownership. More than just a bowling alley, Rose City Lanes serves as a local gathering place featuring a fully equipped Hot Stuff Pizza kitchen, creating multiple revenue streams through food service, leagues, parties, events, and walk-in recreation. The facility is set up to continue operations from day one, with established infrastructure and equipment already in place. Whether you are an investor, owner-operator, or entrepreneur seeking a lifestyle business in a welcoming Wyoming community, this property offers the chance to own an established recreational venue with built-in customer appeal and room for growth. Sale includes real estate, bowling lanes and equipment, inventory, and pizza kitchen operations—a rare opportunity to purchase a complete entertainment business in one package.

127 E 3rd St, Lovell

Listing courtesy of DBW Realty.

$259,900
10032189 MLS
Secure a strong investment opportunity in the heart of Lovell with this 3,380 sq. ft. commercial office or retail building, currently occupied by an established tenant—offering immediate income from day one. Designed for flexibility, the building features a functional layout with a mix of private offices, open work areas, and adaptable space suitable for a variety of business uses. Large windows provide excellent natural light, creating an inviting atmosphere for clients and staff. The property is well-positioned in a convenient, accessible location with steady local traffic and a strong community presence. On-street parking and easy access further enhance its appeal for both tenants and customers. Whether you're looking to expand your investment portfolio or secure a property with long-term potential, this income-producing commercial space combines stability, versatility, and small-town Wyoming charm.

459 Nevada Ave, Lovell

Listing courtesy of DBW Realty.