1220 Main Street Active Save Request In-Person Tour Request Virtual Tour
Challis,ID 83226
Key Details
Property Type Commercial
Sub Type Business w/Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 5,620 sqft
Price per Sqft $355
MLS Listing ID 2163119
Annual Tax Amount $3,984
Tax Year 2023
Property Description
Unique opportunity to own 3 businesses in one productive package, located in the rapidly growing mountain town of Challis, Idaho. FANTASTIC LOCATION! All 3 entities come together to make for a great combination of income streams. The recently constructed bar and restaurant have an incredibly exciting energy that promotes a high quality and fun atmosphere with a large stage that opens to the outside with insulated hangar doors. Tied to that is one of only a handful of hotels in town which makes for a very convenient tourism-based model to provide food, fun and a place for the out-of-town traffic to stay. To round out this business opportunity, there is also a newly constructed Pizzeria attached to the hotel that has all the modern amenities to functionally serve high quality pizza with limited man power. Challis has a bustling agriculture and tourism-based economy as well as the recent blue collar growth in the form of the large expansion of Thompson Creek Mine's employee base. There are too many improvements to mention with the Pizzeria and the restaurant being brand new construction but the opportunity to own and operate a legitimate legacy business in this beautiful place is evident at every corner, the owners would be open to reasonable, serious offers.
Location
State ID
County Custer
Area Custer
Interior
Heating Forced Air,Heat Pump
Cooling Heat Pump
Exterior
Exterior Feature Wood Siding
Roof Type Metal
Building
Sewer Public Sewer
Water Public,Well
Structure Type Bar,Hotel/Motel,Restaurant
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Not Applicable