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    10937 State St Star, ID 83669

    For Sale
    $590,000

    Bar & Apartments, Prime Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional investment opportunity presents a thriving bar and two attached apartments situated on a combined 0.16-acre lot in the desirable Star, Idaho location, at 10937 W State Street. The main property, offered at $590,000, includes a well-established bar and one convenient apartment, ideal for owner occupancy or rental income. This presents a strong foundation for immediate cash flow. A second apartment is available for an additional $100,000, providing further potential for rental income or expansion. The property is comprised of two separate parcels, offering flexibility for future development or individual sale. Purchasing both parcels together provides a significant discount, with a combined price of $675,000. This presents a unique chance to acquire a turnkey business with substantial upside potential in a growing market. The property's location offers excellent visibility and accessibility, ensuring strong customer traffic for the bar and high demand for the rental units. The square footage is not currently specified, but the property's size and configuration offer ample space for both the commercial and residential components. This is a rare opportunity to own a profitable business and rental properties in a single, convenient location. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Financial details and property specifics are available upon request.

    Property Features for 10937 State St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1936
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cardtronics ATM Atm Beer Guys Saloon Bar

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Star
    County
    Ada
    State
    Idaho
    Longitude
    -116.49
    Latitude
    43.69183

    Nearby Comparable

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      Permitted Commercial Property on Star

      Fully permitted commercial property ready for development in Star, Idaho.
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    Nearby Similar for Sale

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    • Contact for pricing
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    FAQs

    What type of property is this?
    Commercial real estate - Bar & Apartments, Prime Location
    Where is this commercial real estate located?
    The property is located at 10937 State St Star, ID.
    What is the asking price?
    The asking price for this property is $590,000.
    (208) 672-9000
    Request Owner's contact information
    10937 State St Star, ID 83669
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    10937 State St
    Star, ID 83669
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10937 State St Star, ID 83669
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