900 Main StCascade, ID 83611

  • Other commercial real estate
  • 3,618 SF
For Sale
$3,000,000 View listing

Property Details for 900 Main St

Year built
1975
Lot size
0.60 AC
Property size (Sq ft)
3,618 SF
Property type
Other commercial real estate
APN
RPC00000315656
APU
RPC00000315656

Description

This turnkey hospitality investment opportunity, listed at $3,000,000, boasts a 10.06% capitalization rate and a strong net operating income of $301,762. The Alpine Lodge & RV, located at 900 S Main St, Cascade, ID 83611, is a 48-key economy resort featuring a diverse mix of accommodations including newly renovated lodge and motel rooms, tent campsites, and ample pull-thru and back-in RV sites with full hookups. Five buildings on a 4.63-acre lot, built in 1975 and renovated in 2024, comprise this two-story property. Amenities include an on-site clubhouse perfect for events, indoor and outdoor fish cleaning stations, refrigerators, freezers, on-site laundry, community fire pits, and boat charging facilities. Additional income streams are generated from the sale of firewood, ice, and propane. The property offers significant upside potential through expansion of the RV park or addition of cabins. Employee housing or owner/manager quarters are available. Located 90 minutes from Boise, Idaho, and situated on Highway 55, the resort benefits from year-round demand driven by activities such as whitewater rafting, hiking, skiing, and fishing in the West Central Mountains. Cascade is a popular destination for outdoor enthusiasts, offering access to numerous lakes, rivers, and hot springs. All information is obtained from sources deemed reliable but subject to buyer verification. Building size is approximate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $761,345
    Hospitality
    $697,388
    Educational
    $580,219
    Medical
    $600,173
    Retail
    $902,562
900 Main St, Cascade, Idaho

Location Insight

City
Cascade
County
Valley
State
Idaho
Latitude
44.5045
Longitude
-116.028

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
$3,062
$145,718
$264,983
$410,701
-
$145,718
$264,983
$410,701

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].