220 Main StDriggs, ID 83422

  • Commercial real estate
For Sale
$1,200,000 View listing

Property Details for 220 Main St

Property type
Commercial real estate
APN
RPA00180010020
APU
RPA00180010020

Description

This exceptional commercial property, situated at 220 N Main Street in the thriving town of Driggs, Idaho, presents a unique investment opportunity. Boasting a sizable 0.16-acre lot, this property currently houses a successful Mexican restaurant with ample seating capacity, providing immediate and substantial revenue generation. The restaurant's significant square footage offers considerable potential for expansion or adaptation to suit a variety of commercial or retail ventures. Adding to its appeal, the property also includes a spacious upstairs apartment featuring four bedrooms and a full bathroom, generating a second, independent income stream. This dual-income setup offers immediate returns and significant upside potential. The property's prime Main Street location in Driggs, coupled with the town's robust economic growth and supportive municipal environment, ensures a high level of visibility and accessibility for any business. The combination of a thriving restaurant, a lucrative rental apartment, and a desirable location makes this a truly exceptional investment opportunity with significant potential for increased profitability. The substantial lot size also allows for future expansion or development, further enhancing its long-term value. Don't miss this chance to acquire a rare and highly profitable commercial property in one of Idaho's most sought-after locations.

Location Insight

City
Driggs
County
Teton
State
Idaho
Latitude
43.726
Longitude
-111.112
CBSA code
27220
CBSA name
JACKSON, WY-ID MICROPOLITAN STATISTICAL AREA

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
$2,098
$236,000
$225,000
$461,000
-
$236,000
$225,000
$461,000

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