Billiards Bar Commercial
For Sale
$1,400,000
905 E Lincoln Road, Idaho Falls, ID 83401
Commercial Sale, Idaho Falls, ID
Property Size6,337 SF
Lot Size0.46 Acres
Price / SF$220.92
Days on Market68
Property Features for 905 E Lincoln Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Zoning: If Commercial, Specific Zoning: Idaho Falls-Gc1-General Commer
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
Parking Lot
Security features
Security System
Accessibility
Accessible Approach with Ramp
Lot features
High Traffic, Concrete Curbing
Directions
East of Northgate Mile/ N. Yellowstone Hwy on E. Lincoln Rd.
Standard status
Active
APN
RPA00008088908
Size
6,337 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
.46 A SW COR SE1/4, SEC 8, T 2N, R 38
Tax Annual Amount
4268
Legal Description
.46 A SW COR SE1/4, SEC 8, T 2N, R 38
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1975
Floors in Building
1
Building materials
Frame, Wood Siding
Roof type
Membrane
Listing Agency:
Mountain Life Realty, dba MLR
(208) 982-0309
Listed By:
Kristen Andelin · License #56532
(208) 360-8850
Added: Jun 30
Changed: Aug 25
Last Checked: Sep 5 at 5:06AM
MLS# 2180200
Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 6,337-square-foot commercial property includes an operating billiards bar business on a 0.46-acre parcel. The building dates to 1975 and features frame construction with wood siding, a membrane roof, forced-air heating, and central air conditioning. Two bathrooms are identified within the building, along with an accessible approach ramp.
A dedicated parking lot serves the property. Public water and public sewer are in place, supporting continued commercial operations. The existing setup is positioned for an owner seeking a bar and billiards concept, while the remarks also identify possible future direction toward a music venue or restaurant.
A dedicated parking lot serves the property. Public water and public sewer are in place, supporting continued commercial operations. The existing setup is positioned for an owner seeking a bar and billiards concept, while the remarks also identify possible future direction toward a music venue or restaurant.
Key Highlights
- 6,337‑square‑foot commercial property on 0.46 acres
- Operating billiards bar business
- Frame construction with wood siding; built in 1975
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$75,070
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,501,400
$1.5M
Cap Rate 7%
$1,072,429
$1.1M
Cap Rate 9%
$834,111
$834.1K
Market Conditions
NOI Build-Up for 6,337 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$102.7K $16.20/SF
− Vacancy
−$2.6K −$0.41/SF
EGI
$100.1K $15.79/SF
− OpEx
−$25.0K −$3.95/SF
NOI
$75.1K $11.85/SF
Area
Bonneville County, ID
Vacancy
2.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,501,400
Cap Rate 7%
$1,072,429
Cap Rate 9%
$834,111
Alternative Uses
Best Use
Specialty Retail
$1.07M
$938.4K – $1.25M
NOI $75,070 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.23M – $1.63M
NOI $98,006 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
136k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 53%
Dining 27%
Shops & Services 20%
Home Improvements & Furnishings 1%
Fred Meyer
Groceries
71,921 visits/mo
0.3 miles
McDonald's
Dining
27,882 visits/mo
0.2 miles
Dollar Tree
Shops & Services
24,467 visits/mo
0.4 miles
Burger King
Dining
8,419 visits/mo
0.1 miles
AutoZone
Shops & Services
2,384 visits/mo
0.5 miles
Demographics for 83401, ID
47,114
Population
16,026
Households
2.9
Avg Household Size
31
Median Age
30%
College-Educated
90%
High-School Grad
197.3 sq mi
ZIP Area
239
Density / Sq Mi
$75,870
Median Household Income
$35,293
Median Earnings
$1,132
Median Rent
$307,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Starbucks — 1555 Northgate Mile, Idaho Falls, ID 83401
- Pockets Inc — 905 Lincoln Rd, Idaho Falls, ID 83401
Frequently Asked Questions
What type of property is this?
Bar & Pub - Existing bar business with billiards, on-site parking, and public water and sewer service.
Where is this bar & pub located?
The property is located at 905 E Lincoln Road Idaho Falls, ID.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 6,337‑square‑foot commercial property on 0.46 acres; Operating billiards bar business; Frame construction with wood siding; built in 1975
