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26 N Hwy 20

Ashton, ID 83420
  • $975,000
  • STATUS: Active
  • ON SITE: 252 Days
  • MLS #: 2142877
UPDATED: 31 min ago
$975,000
  • 0
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,332
    SQFT
  • $732
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1965
County:
Area:

School Ratings & Info

Description

Own the historic Frostop Drive-In! This profitable business is a rare opportunity that offers immediate income at one of the most valuable locations in Ashton! Located on US Hwy 20, the giant Frostop root beer mug has been an iconic landmark for travelers going to and from Island Park and West Yellowstone since 1965. The building was renovated last year with a new roof, and the exterior and dining room updated with a classic 1960's appeal. Frostop is a local favorite with delicious American comfort foodlike burgers, fish, and chicken basketsplus a full menu of ice cream, milkshakes, and malts! This summer, the Idaho Transportation Department will install a traffic light on the corner of Ashton Main Street and Hwy 20, making it even easier for travelers to stop and eat. The current owners have run Frostop since 2007 and have built it into the successful business it is today. Frostop is an integral part of Ashtonboth from local support and its sponsorship of community and charity events. As North Fremont grows in population and development, this will continue to be a prime location and an irreplaceable investment. Contact the listing agent to schedule a showing and see this golden opportunity for yourself.

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© 2022 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: 2022-12-02T14:23:11.593.
www.idahoperfecthome.com/homes/127011741
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26 N Hwy 20 Ashton, ID 83420

  • Price: $975,000
  • Status: Active
  • On Site: 252 Days
  • Updated: 31 min ago
  • MLS #: 2142877
0
Beds
0
Baths
0
½ Baths
0.39
Acres
1,332
SQFT
$732
$/SQFT
1965
Built
Neighborhood:
Ashton-Fre
County:
Fremont
Area:
Ashton
Property Description
Own the historic Frostop Drive-In! This profitable business is a rare opportunity that offers immediate income at one of the most valuable locations in Ashton! Located on US Hwy 20, the giant Frostop root beer mug has been an iconic landmark for travelers going to and from Island Park and West Yellowstone since 1965. The building was renovated last year with a new roof, and the exterior and dining room updated with a classic 1960's appeal. Frostop is a local favorite with delicious American comfort foodlike burgers, fish, and chicken basketsplus a full menu of ice cream, milkshakes, and malts! This summer, the Idaho Transportation Department will install a traffic light on the corner of Ashton Main Street and Hwy 20, making it even easier for travelers to stop and eat. The current owners have run Frostop since 2007 and have built it into the successful business it is today. Frostop is an integral part of Ashtonboth from local support and its sponsorship of community and charity events. As North Fremont grows in population and development, this will continue to be a prime location and an irreplaceable investment. Contact the listing agent to schedule a showing and see this golden opportunity for yourself.
Exterior Features

Construction And Status Block Depth 132 Exterior Primary Block Exterior Secondary Brick Foundation Concrete PerimeterSlab Frontage 128 Landscaping Concrete CurbingOutdoor Lighting Location High TrafficOther-See RemarksNear SchoolsInterstate Exit/Access Lot Size 16830 Num Overhead Doors 0 Off Street Parking 21 Overhead Doors No Parking Parking LotOff Street Roof Membrane Topography Setting Corner Lot

Interior Features

Air Conditioning Evaporative Cooler Basement None Basement Percent Finished 0 Ceiling Height 8 Door Height 7 Heat Source And Type ElectricPropane Offices 1 Restrooms 2 Sq Ft Above Grade 1332 Sq Ft Below Grade 0

Property Features

Actual Annual Gross Income 800000.00 Assoc Fees 0.00 Association Fee Includes None Avg Electric Per Month 950.00 Avg Gas Per Month 0.00 Avg Heat Per Month 62.50 Buildings 1 Business Name Frost Top Cap Rate 0.13 Covenants No Current Use Restaurant Distressed Property Not Applicable Documents On File Profit And Loss Statement Effective Age 57 Exclusions Please Contact Listing Agent Extras Fire SupressionHandicap AccessRestroomsHigh Traffic LocationNetwork WiringHigh VisibilityOther-See RemarksHighway Access Flood Plain N Handicap Access Yes Inclusions Please Contact Listing Agent. Levy Year 0 Mill Levy 0 Net Operating Income 120000.00 Owner Pays Cable TvTrash CollectionGrounds CareWaterGasTaxesElectricitySewerOtherInsuranceSnow Removal Possible Use BarRestaurantRetailService BusinessOffice Prior Use Restaurant Property Type Business W/Real Estate Provider Other Info 220 VoltBreakerRocky Mountain PowerOverhead Sep Utilities Yes Sewer Public Sewer Short Term Rental YN Yes Sub Area Ashton Tax Year 2021 Taxes 2650.00 Tenant Pays None Terms CashConventional1031 Exchange Water Public Winter Access YN Yes Zoning General Fr-B4-Hwy Business Zoning Specific Fremont-B4-Highway Business

Snake River Regional MLS logo Listing provided courtesy of Silvercreek Realty Group: 2085236111.
© 2022 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: 2022-12-02T14:23:11.593.
 
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The Perfect Home | Keller Williams Realty East Idaho
3525 Merlin Dr.
Idaho Falls ID, 83404