416 Thain RdLewiston, ID 83501
- Retail properties
- 3,664 SF
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
- Retail properties
- Property subtype
- Bars
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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