26 Us-20Ashton, ID 83420

  • Retail properties
  • 1,332 SF
For Sale
$975,000 View listing

Property Details for 26 Us-20

Year built
1965
Lot size
0.39 AC
Property size (Sq ft)
1,332 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional investment opportunity presents the Ashton Frostop Drive-In, a profitable, established restaurant located at 26 US-20, Ashton, ID 83420. Boasting a rich history since 1965, this iconic landmark features a 1,332 square foot building situated on a 0.386-acre lot. The property benefits from a highway commercial zoning designation and enjoys 100% occupancy. Recently renovated in 2022, the building showcases a classic 1960s aesthetic, including a new roof and updated exterior and dining area. The restaurant serves a popular menu of American comfort food, including burgers, fish, and chicken baskets, along with a full selection of ice cream treats. The property's prime location on US Highway 20, a major thoroughfare to popular tourist destinations like Island Park and West Yellowstone, ensures high visibility and consistent traffic. Further enhancing its accessibility, a new traffic light is scheduled for installation at the intersection of Ashton Main Street and Highway 20. The business has a strong local following and actively participates in community events. Offered at $975,000, with a 3.00% cap rate, this represents a rare chance to acquire a thriving, established business in a rapidly growing area. The sale includes all existing business assets. The property is a single-tenant, gross leasehold with no remaining lease term. This is a turnkey operation ready for immediate income generation.

26 Us-20, Ashton, Idaho

Location Insight

City
Ashton
County
Fremont
State
Idaho
Latitude
44.0716
Longitude
-111.456

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