158 Bridge StBlackfoot, ID 83221

Property Details for 158 Bridge St

Lot size

0.09 AC

Zone code

C2

Property type

Commercial real estate

APN

RP1014300

APU

RP1014300

Description

This exceptional turnkey business opportunity is located at 158 W Bridge St, Blackfoot, ID. The 9,600 square foot building sits on a 0.08-acre lot and is offered at $680,000. The property boasts a welcoming atmosphere and features two distinct, separate spaces, ideal for a variety of uses. Included in the sale are the existing business, a valuable liquor license, all furnishings, and current inventory, allowing for immediate operation. Recent renovations include a complete overhaul of the plumbing and electrical systems, ensuring the building is move-in ready and compliant with current codes. An added bonus is an unfinished apartment located upstairs, presenting a versatile option for rental income or owner occupancy. This presents a unique chance to acquire an established business with significant upside potential. The combination of a thriving business, updated infrastructure, and the potential for additional rental income makes this a truly compelling investment. The possibilities for this property are extensive, making it an attractive opportunity for a savvy entrepreneur. The property is ready for immediate occupancy and operation.

• CAP approach

  CAP return

  Valuation

  6%

  $768,158

  6.5%

  $709,069

  7%

  $658,421

• Comparable approach

  Method

  Valuation

  Relative Method

  $808,066

  Geo Method

  $808,066

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,425,010

  Retail / Commercial

  $725,056

  Mixed-Use / Specialty

  $717,996

  Hospitality / Lodging

  $520,944

  Office

  $709,069

  Institutional / Educational

  $744,827

  Residential Income

  $871,447

  Multifamily

  $1,069,980

  Automotive / Energy

  $638,423

  Parking / Income-Based Land

  $224,734

  Restaurant / Food Service

  $363,883

  Healthcare / Senior Housing

  $740,881

Location Insight

City

Blackfoot

County

Bingham

State

Idaho

Latitude

43.1895

Longitude

-112.347

CBSA code

13940

CBSA name

BLACKFOOT, ID MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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