623-263-4419
1399 Bench Rd, Pocatello, ID for Sale
Hospitality - FOR SALE
1/31
null | Request Cap Rate

1399 Bench Rd
Pocatello, ID 83201


HIGHLIGHTS

  • Recently renovated Grand Idaho Extended Stay is a 206-key hospitality opportunity in a prime Pocatello location near regional attractions.
  • Income-producing property features strong cash flow and over $1 million in improvements to the roof, HVAC, LED lighting, landscaping, and more.
  • Amenities include a full commercial kitchen, a fitness center, Tesla chargers, laundry services, and Pocatello’s largest hotel pool and event space.
  • Long-term weekly tenants fill 206 extended-stay beds year-round, creating dependable revenue and a solid operational base for new ownership.
  • Approved for conversion to 125 veteran or multifamily units, with land available to split off, develop, or reposition for added investor upside.
  • Located off Interstate 15, visible to over 35,000 daily vehicles and minutes from the airport, Idaho State University, and top destinations.

OVERVIEW

This property is going to Auction. Please contact for auction location. The Grand Idaho Extended Stay at 1399 Bench Road presents a rare, high-upside opportunity in Pocatello’s growing hospitality market. This former Clarion Hotel has been transformed into a versatile, income-producing property featuring 198 guest rooms and eight suites. Rooms are consistently occupied by long-term weekly tenants, providing dependable, year-round cash flow. The current owner has completed over $1 million in capital improvements over the past three years, including a 80% roof renovation, LED lighting upgrades, exterior stucco and landscaping improvements, several new staircases, fiber internet enhancements, sealcoat and parking lot maintenance, and PTAC heating/cooling system updates. Some of the rooms feature fully equipped kitchenettes, new beds and flooring, in-room televisions, etc. All rooms have large fridges to accommodate extended stays. Amenities include a restaurant with a full commercial kitchen (currently closed) and dining area, bar (currently closed), Tesla charging stations, a dedicated fenced-in pet area outside, picnic tables, a fitness center, guest laundry, expansive event space, meeting rooms, and the largest indoor hotel pool in Pocatello. With city-approved plans to convert the property into 125 veteran housing units and the potential to split off or develop a portion of the land, new owners will inherit a strong foundation and multiple paths for expansion. Strategically positioned off Interstate 15, the property offers seamless access to regional infrastructure, including Pocatello Regional Airport within 10 miles and nearby transportation corridors connecting to Salt Lake City in under 2 hours, Yellowstone National Park, and Boise. Demand drivers to the area, such as the Idaho Museum of Natural History, Idaho State University, and more, are less than 10 minutes away. The Grand Idaho Extended Stay enjoys high visibility to over 35,000 daily vehicles along Interstate 15, further enhancing its exposure and accessibility. As a tourism and university town, Pocatello attracts visitors year-round and sees its seasonal population expand to over 500,000 during peak travel months. In 2023, southern Idaho welcomed around 400,000 visitors, bringing nearly $20 million in tourism-related spending to surrounding communities. The property boasts the largest hotel event space in the area, meeting a significant demand in the market for group functions, business conferences, and social events. Grand Idaho Extended Stay is a turnkey investment with strong fundamentals and enormous potential. The current owner has done heavy lifting, transforming the asset into a clean, efficient operation. The hotel is now an easy lift for a new investor ready to step in and leverage the site’s scale, location, and approvals. Whether operated as a revitalized extended-stay/hotel hybrid, repositioned as multifamily housing, or developed into a destination event venue, 1399 Bench Road offers substantial upside in a dynamic and fast-growing market.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

206

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grand Idaho Extended Stay

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.42 AC

LAND SF

366,775 SF

ZONING

C-2

APN/PARCEL ID

RPCPP011700

ASK ABOUT THIS PROPERTY

Michael KellyMarcus & MillichapMore Info
623-263-4419

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Michael KellyMarcus & MillichapMore Info
623-263-4419

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