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206-210 Virginia Street , 4-8

New Meadows, ID 83654
  • $1,299,000
  • STATUS: Active
  • ON SITE: 200 Days
  • MLS #: 98871494
$1,299,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,120
    SQFT
  • $160
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1960
County:

School Ratings & Info

Intermountain MLS logoCourtesy of Crawford Olson Real Estate Services.

Description

MAJOR PRICE REDUCTION, PRICED TO SELL! NOW AT $1,299,000. WITH $250,000/YEAR NET PROFIT = 19.24% CAP RATE! SELLER FINANCING at 5.5% interest, amortized over 30 years, due in 5 years = $188,000/year POSITIVE CASH FLOW! The Intersection BBQ, Bar and Grill, a New Meadows, Idaho long time tradition, is now for sale for the first time. Sale is turn key and includes the 8,120 sf commercial building, the business, the FF&E and the full liquor license. Indoor seating capacity of 110. Outdoor patio and stage seats an additional 52. Fully sprinklered building includes an adjoining retail shop, 5 leased offices and a 2 bedroom 1 bath apartment, ideal for a manager or employees. Also extra storage space. The famous BBQ menu and food from scratch offerings have created a large and loyal fan base. Charming dining area with custom tables and old oak floors. Large bar with massive antique Brunswick Back Bar. Brands from nearby cattle ranches adorn the walls. CALL FOR TOUR AND FINANCIAL DETAILS!

Directions: Downtown New Meadows, 2 blocks west of the intersection of Hwy 55 and US 95.

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Intermountain MLS logo© 2023 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Jeremy Orton Real Estate Group | Keller Williams are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2023-10-03T00:10:10.243.
www.realestatetwinfalls.com/homes/137766238
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206-210 Virginia Street , 4-8 New Meadows, ID 83654

  • Price: $1,299,000
  • Status: Active
  • On Site: 200 Days
  • MLS #: 98871494
0
Beds
0
Baths
0
½ Baths
0.36
Acres
8,120
SQFT
$160
$/SQFT
1960
Built
Neighborhood:
New Meadows - 1920
County:
Adams
Area:
New Meadows - 1920
Property Description
MAJOR PRICE REDUCTION, PRICED TO SELL! NOW AT $1,299,000. WITH $250,000/YEAR NET PROFIT = 19.24% CAP RATE! SELLER FINANCING at 5.5% interest, amortized over 30 years, due in 5 years = $188,000/year POSITIVE CASH FLOW! The Intersection BBQ, Bar and Grill, a New Meadows, Idaho long time tradition, is now for sale for the first time. Sale is turn key and includes the 8,120 sf commercial building, the business, the FF&E and the full liquor license. Indoor seating capacity of 110. Outdoor patio and stage seats an additional 52. Fully sprinklered building includes an adjoining retail shop, 5 leased offices and a 2 bedroom 1 bath apartment, ideal for a manager or employees. Also extra storage space. The famous BBQ menu and food from scratch offerings have created a large and loyal fan base. Charming dining area with custom tables and old oak floors. Large bar with massive antique Brunswick Back Bar. Brands from nearby cattle ranches adorn the walls. CALL FOR TOUR AND FINANCIAL DETAILS!

Directions: Downtown New Meadows, 2 blocks west of the intersection of Hwy 55 and US 95.
Exterior Features

Construction Materials FrameMasonryStuccoWood Siding Lot Features 10000 Sf - .49 Acre Roof MetalOther

Interior Features

Above Grade Finished Area Units Square Feet Accessibility Features Handicap Access Below Grade Finished Area Units Square Feet Building Area Total 8120 Cooling Central Air Cooling YN Yes Heating ElectricForced AirOtherPropaneRadiant Heating YN Yes

Property Features

Building Features Lighting Business Type Commercial Electric 220 Volts Land Lease YN No Listing Terms CashConsider AllConventional Possible Use Land Suitable(OfficeRetailOther)Industrial Suitable(Flex SpaceOffice ShowroomRefrigerated/Cold Storage)Retail Suitable(Restaurant/BarOther) Road Surface Type Paved Utilities Sewer ConnectedPropane Water Source City Service

Intermountain MLS logoCourtesy of Crawford Olson Real Estate Services: 208-634-6060.


Intermountain MLS logo© 2023 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Jeremy Orton Real Estate Group | Keller Williams are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2023-10-03T00:10:10.243.
 
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Jeremy Orton Real Estate Group | Keller Williams
647 Filer Ave., Ste 101
Twin Falls ID, 83301
Intermountain MLS logoCourtesy of Crawford Olson Real Estate Services.