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68 & 80 N Broadway

Blackfoot, ID 83221
  • $999,000
  • STATUS: Active
  • ON SITE: 395 Days
  • MLS #: 2153614
$999,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,900
    SQFT
  • $53
    $/SQFT
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

Currently the Teton House, this property has been beautifully renovated with over $1.4 mil in the last 2 years. Careful attention was given to preserving as much history as possible in its walls, including murals dating back over a century! The operating restaurant comes turk-key with its Liquor License and has established a reputation for high quality food drinks and atmosphere. Upstairs is a Turn Key 4 bedroom 2000 sq/ft apartment that can be used as a rental, employee housing, or Airbnb rental. The apartment has been rented in the past for $2000/ month. There are 2 large retail spaces that can be rented on either side of the restaurant. One retail space is currently being rented as a Yoga studio, for $1000/ month, and the other retail space is currently under renovation. It can be used for retail space, indoor storage, or what ever you desire. Indoor storage space has earning potential of up to $6000/ month. The Restaurant space currently seats approx. 150 people, but with the newly remodeled basement it has the capability for an additional 250 people. This area can be used for catering large events, private club setting or simply increasing the seating for the restaurant. The sky is the limit on how you want to finish out the remaining space and maximize cash flow!

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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: 2024-05-20T00:23:39.227.
www.idahoperfecthome.com/homes/138741645
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68 & 80 N Broadway Blackfoot, ID 83221

  • Price: $999,000
  • Status: Active
  • On Site: 395 Days
  • MLS #: 2153614
0
Beds
0
Baths
0
½ Baths
0.2
Acres
18,900
SQFT
$53
$/SQFT
1900
Built
County:
Bingham
Area:
Blackfoot
Property Description
Currently the Teton House, this property has been beautifully renovated with over $1.4 mil in the last 2 years. Careful attention was given to preserving as much history as possible in its walls, including murals dating back over a century! The operating restaurant comes turk-key with its Liquor License and has established a reputation for high quality food drinks and atmosphere. Upstairs is a Turn Key 4 bedroom 2000 sq/ft apartment that can be used as a rental, employee housing, or Airbnb rental. The apartment has been rented in the past for $2000/ month. There are 2 large retail spaces that can be rented on either side of the restaurant. One retail space is currently being rented as a Yoga studio, for $1000/ month, and the other retail space is currently under renovation. It can be used for retail space, indoor storage, or what ever you desire. Indoor storage space has earning potential of up to $6000/ month. The Restaurant space currently seats approx. 150 people, but with the newly remodeled basement it has the capability for an additional 250 people. This area can be used for catering large events, private club setting or simply increasing the seating for the restaurant. The sky is the limit on how you want to finish out the remaining space and maximize cash flow!
Exterior Features

Construction And Status Existing Depth 123 Exterior Primary Brick Exterior Secondary None Foundation Concrete Perimeter Frontage 71 Landscaping None Location High TrafficNear Mall/Shop Lot Size 8973 Overhead Doors No Parking On Street Roof Membrane Topography Setting Flat

Interior Features

Air Conditioning Central Basement FullPartially Finished Ceiling Height 16 Door Height 8 Heat Source And Type GasForced Air Sq Ft Above Grade 10500 Sq Ft Below Grade 8400

Property Features

Actual Annual Gross Income 1000000.00 Annual Insurance 1813.00 Avg Electric Per Month 1299.00 Avg Gas Per Month 1555.00 Buildings 3 Business Name Teton House Covenants No Current Use Restaurant Distressed Property Not Applicable Documents On File Profit and Loss Statement Exclusions Seller's personal property. Extras Fire AlarmFire SupressionHandicap AccessHigh Traffic LocationHigh VisibilityNetwork WiringPhone SystemRestrooms Flood Plain U Handicap Access Yes Inclusions Turnkey Levy Year 2022 Mill Levy 0.0135 Owner Pays Cable TVGasElectricityInsuranceTaxesSewerTrash Collection Possible Use BarOfficeRestaurantRetailService BusinessOther Prior Use BarOfficeRestaurantRetailService Business Property Type Business w/Real Estate Provider Other Info Idaho Power3 Phase220 Volt440 VoltBreaker Sep Utilities Yes Sewer Public Sewer Short Term Rental YN Yes Tax Year 2022 Taxes 3781.00 Tenant Pays Other Terms CashConventionalOwner May Carry Water Public Winter Access YN Yes Zoning General BLACKFOOT COMM COM Zoning Specific BLACKFOOT-C2-COMMUNITY COMMERC

Snake River Regional MLS logo Listing provided courtesy of eXp Realty LLC: 2088907776.
© 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: 2024-05-20T00:23:39.227.
 
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The Perfect Home | Keller Williams Realty East Idaho
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Idaho Falls ID, 83404