1228 W Oakland Ave - Bar FOR SALE


Boise, ID 83706- Southeast Boise
$1,950,000 USD
208-644-8000
1228 W Oakland Ave, Boise, ID for Sale
$1,950,000 USD
Bar - FOR SALE
1/8
null | Request Cap Rate

1228 W Oakland Ave
Boise, ID 83706
Southeast Boise


HIGHLIGHTS

  • Link to Download Offering Memorandum: https://www.pcplistings.com/listings/1228soakland/
  • Turnkey hospitality asset in a high-traffic university district
  • Owner-user bar restaurant | 3,500 SF
  • Occupancy limit: 167
  • Liquor license included
  • 40 parking spaces

OVERVIEW

CBRE, Inc. has been retained as the exclusive advisor to present this premier owner-user bar and restaurant property for sale. This fully equipped 3,500 sq. ft. turnkey hospitality asset, positioned in a high-traffic university district, features a custom-built bar, premium draft beer system, and occupancy or up to 167 guests. A highly valuable Boise City liquor license conveys with the property. Comparable licenses have recently traded in the ~$300,000 range, offering immediate operational capability and a significantly reduced time to market. With 40 on-site surface parking spaces, modern infrastructure, and 1,600 SF of additional basement space, this property represents an exceptional opportunity for owner-operators, hospitality entrepreneurs, and creative restaurant investors investors seeking a high-visibility location without the long-term constraints of leasing. Strategically situated to capture strong student, faculty, neighborhood, and event-driven traffic, this second-generation restaurant space is ideally suited for a sports bar, taproom, pub, cocktail lounge, gastropub, or full-service restaurant. This is a rare chance to secure a turnkey bar/restaurant property in a thriving university retail corridor with substantial long-term growth potential.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$557 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

MX-1

APN/PARCEL ID

R8048010195

ASK ABOUT THIS PROPERTY

208-644-8000

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208-644-8000

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