For Sale
$690,000

501 Sherman AveCoeur d'Alene, ID 83814

Profitable restaurant, liquor license included.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional business opportunity presents a thriving restaurant for sale at 501 Sherman Ave, Coeur d'Alene, Idaho. Boasting a prime location in the heart of downtown, this well-established eatery, operating under the "Collective Kitchen" brand, enjoys high visibility and significant foot traffic due to its advantageous corner location on a busy street. The 2,900 square foot space is currently operating under a gross lease with 13 years remaining on the term. The asking price is $690,000, translating to $237.93 per square foot. This successful restaurant, established in 2009, includes a valuable liquor license, a key asset contributing to its profitability. The single-tenancy structure provides a streamlined operational model. This is a turnkey opportunity for an experienced restaurateur seeking a profitable, established business in a vibrant and desirable location. The property is situated in Kootenai County, Idaho, zip code 83814. This is a rare chance to acquire a well-regarded restaurant with a proven track record and significant growth potential. The business is categorized as "Hospitality" and is suitable for business owners only.

Highlights

  • Thriving restaurant for sale at 501 Sherman Ave, Coeur d'Alene, ID.
  • Prime downtown corner location with high visibility and foot traffic.
  • 2,900 sq ft space, gross lease with 13 years remaining.
  • Asking price: $690,000 ($237.93/sq ft).
  • Includes valuable liquor license; established in 2009.
  • Turnkey opportunity in a desirable location; suitable for experienced restaurateurs only.

Property Details for 501 Sherman Ave

Property type
Hospitality properties
Square Feet
2,900 SF

Location Insight

City
Coeur d'Alene
County
Kootenai
State
Idaho
Latitude
47.673426615704
Longitude
-116.77961922333
501 Sherman Ave, Coeur d'Alene, Idaho

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501 Sherman Ave
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