629 4Th StMontpelier, ID 83254

For Sale
$450,000 View listing
  • Commercial real estate
  • 0.94 AC

Property Details for 629 4Th St

Lot size
0.94 AC
Property type
Commercial real estate
APN
RPM4760004001C
APU
RPM4760004001C

Description

This exceptional turnkey business opportunity encompasses a 10,322 square foot bowling alley situated on a 0.94-acre lot at 629 N 4TH ST, Montpelier, ID. The property includes a fully operational kitchen serving pizza, fried foods, and beer, presenting a diverse revenue stream. Located in a growing downtown area of rural Idaho, this establishment benefits from its proximity to a popular tourist destination and its strategic placement on a major highway, a preferred route between the Salt Lake City area and Yellowstone/Jackson Hole. This high-traffic location ensures significant exposure and accessibility for both local residents and tourists. The real estate is included in the sale price of $450,000. The business demonstrates substantial growth potential, capitalizing on the increasing tourism and local development. Detailed financial information is available upon request and execution of a non-disclosure agreement (NDA). Showings are by appointment only and must be conducted during non-business hours. This presents a rare chance to acquire a well-established and profitable business with significant upside in a desirable location. The property's size and diverse offerings provide ample room for expansion and further development, making it an attractive investment for discerning buyers. Don't miss this opportunity to own a thriving business in a rapidly growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,178,916
    Hospitality
    $9,323,833
    Educational
    $7,757,319
    Medical
    $8,024,106
    Retail
    $12,066,941
629 4Th St, Montpelier, Idaho

Location Insight

City
Montpelier
County
Bear Lake
State
Idaho
Latitude
42.3293
Longitude
-111.299

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,476
$216,670
$402,530
$619,200
-
$216,670
$402,530
$619,200

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