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1220 Main Street

Challis, ID 83226
  • $2,500,000
  • STATUS: Active
  • ON SITE: 161 Days
  • MLS #: 2163119
$2,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,620
    SQFT
  • $445
    $/SQFT
Type:
Commercial
Built:
2022
County:
Area:

School Ratings & Info

Description

Unique opportunity to own 3 businesses in one productive package, located in the rapidly growing mountain town of Challis, Idaho. FANTASTIC LOCATION! All 3 entities come together to make for a great combination of income streams. The recently constructed bar and restaurant have an incredibly exciting energy that promotes a high quality and fun atmosphere with a large stage that opens to the outside with insulated hangar doors. Tied to that is one of only a handful of hotels in town which makes for a very convenient tourism-based model to provide food, fun and a place for the out-of-town traffic to stay. To round out this business opportunity, there is also a newly constructed Pizzeria attached to the hotel that has all the modern amenities to functionally serve high quality pizza with limited man power. Challis has a bustling agriculture and tourism-based economy as well as the recent blue collar growth in the form of the large expansion of Thompson Creek Mine's employee base. There are too many improvements to mention with the Pizzeria and the restaurant being brand new construction but the opportunity to own and operate a legitimate legacy business in this beautiful place is evident at every corner, the owners would be open to reasonable, serious offers.

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© 2024 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than The Perfect Home | Keller Williams Realty East Idaho are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-07-14T00:23:48.317.
www.idahoperfecthome.com/homes/147254946
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1220 Main Street Challis, ID 83226

  • Price: $2,500,000
  • Status: Active
  • On Site: 161 Days
  • MLS #: 2163119
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,620
SQFT
$445
$/SQFT
2022
Built
County:
Custer
Area:
Challis
Property Description
Unique opportunity to own 3 businesses in one productive package, located in the rapidly growing mountain town of Challis, Idaho. FANTASTIC LOCATION! All 3 entities come together to make for a great combination of income streams. The recently constructed bar and restaurant have an incredibly exciting energy that promotes a high quality and fun atmosphere with a large stage that opens to the outside with insulated hangar doors. Tied to that is one of only a handful of hotels in town which makes for a very convenient tourism-based model to provide food, fun and a place for the out-of-town traffic to stay. To round out this business opportunity, there is also a newly constructed Pizzeria attached to the hotel that has all the modern amenities to functionally serve high quality pizza with limited man power. Challis has a bustling agriculture and tourism-based economy as well as the recent blue collar growth in the form of the large expansion of Thompson Creek Mine's employee base. There are too many improvements to mention with the Pizzeria and the restaurant being brand new construction but the opportunity to own and operate a legitimate legacy business in this beautiful place is evident at every corner, the owners would be open to reasonable, serious offers.
Exterior Features

Construction And Status New-Complete Exterior Primary Wood Siding Foundation Slab Overhead Doors No Roof Metal

Interior Features

Air Conditioning Heat Pump Basement Partially Finished Heat Source And Type Forced AirHeat Pump Sq Ft Above Grade 4320 Sq Ft Below Grade 1300

Property Features

Covenants No Current Use BarHotel/MotelRestaurant Distressed Property Not Applicable Flood Plain N Handicap Access Yes Owner Pays GasElectricityInsuranceJanitorial ServiceGrounds CareTaxesSewerSnow RemovalTrash CollectionWater Prior Use BarHotel/MotelRestaurant Property Type Business w/Real Estate Provider Other Info Salmon River Electric Sep Utilities No Sewer Public Sewer Short Term Rental YN No Tax Year 2023 Taxes 3984.00 Tenant Pays None Terms CashConventional1031 Exchange Water PublicWell Winter Access YN Yes Zoning General COMMERCIAL Zoning Specific CUSTER-COMMERCIAL

Snake River Regional MLS logo Listing provided courtesy of Hayden Outdoors Real Estate: 2082681124.
© 2024 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than The Perfect Home | Keller Williams Realty East Idaho are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-07-14T00:23:48.317.
 
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