103 Illinois Ave - Storefront Retail/Residential FOR SALE


Council, ID 83612
$995,000 USD
208-414-4663
103 Illinois Ave, Council, ID for Sale
$995,000 USD
Storefront Retail/Residential - FOR SALE
1/9
null | Request Cap Rate

NEW


103 Illinois Ave
Council, ID 83612


HIGHLIGHTS

  • Central Dowtown Location
  • Hotel or Apartments
  • Operating Bar and Tenant Ready Restaurant

OVERVIEW

Multi-faceted income potential with this multi-use building. Long term local saloon and restaurant location in the heart of downtown town Council. The original bar space is 3700 sf offering ample space for pool tables, dancing, a stage for bands and more. While this space has initiated renovations, the saloon is currently operating in the renovated garage space and outside beer garden area. The cafe is turnkey and ready for an operator as it is fully stocked with a full kitchen; hood system, commercial grade cooktops, walk-in cooler, separate wash room and furniture. The upstairs space of 4923 sf was once an operating hotel. It currently features 10 hotel rooms, 2 community bathroom areas, and a 2-bedroom apartment. This space could be renovated to become a beautiful hotel space once again. Overlooking the downtown area of Council. The possibilities are endless with 3 separate income streams; bar, restaurant, and hotel!

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

-

APN/PARCEL ID

C00000150401

ASK ABOUT THIS PROPERTY

Melanie Davidson-HickeyTwo Rivers Real Estate Company LLCMore Info
208-414-4663

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Melanie Davidson-HickeyTwo Rivers Real Estate Company LLCMore Info
208-414-4663

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.