1101 Broadway AveBuhl, ID 83316

Property Details for 1101 Broadway Ave

Year built

1991

Lot size

0.67 AC

Property size (Sq ft)

3,982 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

RPB72510350003

APU

RPB72510350003

Description

This exceptional retail investment opportunity presents a fully operational convenience store, restaurant, and gas station in Buhl, Idaho. The 3,982 square foot free-standing building, situated on a 0.67-acre lot at 1101 Broadway Ave N (APN: RPB72510350003), boasts a prime, high-visibility corner location on Highway 30, a major thoroughfare. Built in 1991 and renovated in 2000, the property includes a recently refurbished 100-seat restaurant, offering significant potential for owner-operation or third-party leasing. The gas station features two fuel pumps and underground tanks (2 x 2,000 gallons and 2 x 1,000 gallons), all installed in 1991 and currently state-insured. The property enjoys 100% occupancy and generated a strong $1,040,329 in sales volume in 2023, with projections for similar sales in 2024. Its strategic location at the gateway to Hagerman Valley ensures high traffic volume (9,000 vehicles daily), catering to both local residents and tourists drawn to Buhl's outdoor attractions, including its reputation as the "Trout Capital of the World." The property is zoned for commercial use and offers a compelling return on investment in a thriving market. This turnkey operation is ready for a new owner to continue its success. The asking price is $2,000,000 ($502.26/sq ft).

• CAP approach

  CAP return

  Valuation

  6%

  $1,075,714

  6.5%

  $992,967

  7%

  $922,041

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,139,486

  Geo Method

  $2,139,486

• Alternative Use

  Use

  Valuation

  Residential

  $837,605

  Hospitality

  $767,242

  Educational

  $638,336

  Medical

  $660,289

  Retail

  $992,967

Location Insight

City

Buhl

County

Twin Falls

State

Idaho

Latitude

42.6075

Longitude

-114.772

CBSA code

46300

CBSA name

TWIN FALLS, ID MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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