6613 Commercial Park AveRathdrum, ID 83858

Property Details for 6613 Commercial Park Ave

Year built

2005

Lot size

0.71 AC

Property size (Sq ft)

9,800 SF

Property type

Retail properties

Property subtype

Retail space

APN

R43900010060

APU

R43900010060

Description

This exceptional business opportunity presents a chance to acquire a thriving restaurant situated in the dynamic city of Rathdrum, Idaho. Located at 6613 Commercial Park, this turnkey establishment is perfectly positioned to capitalize on the area's rapid growth and expanding population. The asking price is $299,000. The sale includes all necessary kitchen equipment, ensuring a seamless transition for the new owner. All furniture and fixtures are also included, eliminating the need for significant upfront investment in furnishings. This ready-to-operate restaurant is ideal for both seasoned restaurateurs seeking expansion and aspiring entrepreneurs entering the food service industry. The property's prime location within a burgeoning community guarantees high visibility and consistent foot traffic, providing a strong foundation for continued success. This is a rare opportunity to own a profitable business in a thriving market, offering immediate income potential and significant long-term growth prospects. The absence of land (0 acres) simplifies ownership and management. The square footage is not specified, but the description emphasizes the fully equipped and ready-to-operate nature of the business. This turnkey operation minimizes start-up costs and allows for immediate revenue generation. Don't miss this chance to own a successful restaurant in a rapidly developing area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,723,527

  6.5%

  $2,514,025

  7%

  $2,334,452

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,265,434

  Geo Method

  $5,265,434

• Alternative Use

  Use

  Valuation

  Residential

  $2,120,674

  Hospitality

  $1,942,526

  Educational

  $1,616,159

  Medical

  $1,671,741

  Retail

  $2,514,025

Location Insight

City

Rathdrum

County

Kootenai

State

Idaho

Latitude

47.8169

Longitude

-116.875

CBSA code

17660

CBSA name

COEUR D'ALENE, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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