30440 Old 95 Hwy - Specialty FOR SALE


Athol, ID 83801
$699,000 USD
208-758-7539
30440 Old 95 Hwy, Athol, ID for Sale
$699,000 USD
Specialty - FOR SALE
1/11
null | 6.6% Cap Rate

30440 Old 95 Hwy
Athol, ID 83801


HIGHLIGHTS

  • Five of six stalls leased to established operators on annual leases at $1,000 per stall per month
  • $46,106 NOI in place; $58,106 pro forma at the city permitted six stall capacity
  • Hard corner at Old Highway 95 and Highway 54, directly off the Athol Exit on US 95
  • Purpose built: paved parking, individually metered electric, on site water, city approved sanitary facilities
  • Primary food service destination for a trade area with limited dining inventory
  • Minutes from Silverwood Theme Park, Farragut State Park and Lake Pend Oreille

OVERVIEW

Stabilized, income producing food truck pavilion offered as land and business. Five of six stalls leased to established operators on annual leases at $1,000 per stall per month, producing $46,106 in place NOI with near term lease up to $58,106 pro forma at the six stall city permitted capacity. Hard corner at Old Highway 95 and Highway 54, directly off the Athol Exit, serving a trade area with limited dining inventory. Purpose built improvements include paved parking with accessible stalls, individually metered electric, on site water, and city approved sanitary facilities. Owner managed with a lean operating expense profile. Minutes from Silverwood Theme Park, Farragut State Park and Lake Pend Oreille.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$255 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Athol Eats Food Truck Pavilion - Business & R

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,252 SF

ZONING

COM

APN/PARCEL ID

A00000106350

ASK ABOUT THIS PROPERTY

Donnie MurrellBerkshire Hathaway Jacklin Real EstateMore Info
208-758-7539

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Donnie MurrellBerkshire Hathaway Jacklin Real EstateMore Info
208-758-7539

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