416 Thain RdLewiston, ID 83501

Property Details for 416 Thain Rd

Year built

1956

Lot size

1.60 AC

Property size (Sq ft)

3,664 SF

Zone code

C4

Property type

Bars

Property subtype

Pubs

APN

RPL00160040100

APU

RPL00160040100

Description

Embrace a piece of Lewiston history with the sale of Canter's Inn, established in 1956 and a long-standing fixture of the Lewiston Orchards community. This offering includes the well-known name, a valuable liquor license, and all equipment (excluding leased items). The sale presents a unique opportunity for a buyer to acquire a turnkey business, continuing the legacy of Canter's Inn at its current location at 416 Thain Rd, Lewiston, ID. The property encompasses 3,664 square feet on a lot with no acreage. Alternatively, the buyer has the flexibility to relocate the business to a new site, leveraging the established brand and license. The sale price is $450,000. This is a rare chance to own a piece of Lewiston's rich history and build upon its established success. The property is not being sold with any leased items. The MLS number for this listing is 98882340. Serious inquiries only. This is a unique opportunity to acquire a well-established business with significant potential. The sale includes the business name, liquor license, and equipment, providing a solid foundation for continued operation. The buyer has the option to maintain the current location or relocate the business to a new site.

• CAP approach

  CAP return

  Valuation

  6%

  $1,097,505

  6.5%

  $1,013,081

  7%

  $940,718

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,968,628

  Geo Method

  $1,968,628

• Alternative Use

  Use

  Valuation

  Residential

  $854,572

  Hospitality

  $782,783

  Educational

  $651,266

  Medical

  $673,665

  Retail

  $1,013,081

Location Insight

City

Lewiston

County

Nez Perce

State

Idaho

Latitude

46.3788

Longitude

-116.975

CBSA code

30300

CBSA name

LEWISTON, ID-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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