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    1091 1500 Terreton, ID 83450

    For Sale
    $150,000

    Historic Bar with Huge Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This unique property offers a charming, established tavern with a rich history dating back to 1945, complete with its original liquor license and customer-signed ceiling tiles. The bar boasts a long L-shaped counter, ample space for seating, and a dedicated area for pool. Beyond the bar area, the building includes a bedroom, two bathrooms, laundry facilities, and storage space. The property's prime location on the highway between I-15 and the INL North entrance provides easy access and ample on-street parking. The sale includes two parcels totaling 0.03 acres: the tavern itself and an adjacent vacant lot to the west, presenting significant expansion or redevelopment opportunities. The seller will consider owner financing with a 50% down payment. This versatile property is ideal for a variety of uses, from continuing its legacy as a beloved local bar to exploring entirely new ventures. The existing infrastructure and convenient location make it an attractive investment opportunity with considerable upside potential. The property's history and character offer a unique blend of nostalgia and future possibilities, making it a truly exceptional offering. The inclusion of the adjacent vacant lot adds further flexibility and value, allowing for expansion, additional parking, or other development projects. This is a rare chance to acquire a piece of Terreton history with significant potential for growth and profitability.

    Property Features for 1091 1500

    General Information

    Property type
    Investment properties
    Lot Size
    1,307 SF

    Building Details

    Year Built
    1945
    Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Auto Parts Store Senior Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Terreton
    County
    Jefferson County
    State
    Idaho
    Longitude
    -112.477
    Latitude
    43.84164

    Nearby Comparable

    • $130,000
      0.03 Acres

      Terreton Bar & Business Opportunity

      Historic Bar with Endless Potential
      1091 1500, Terreton, ID 83450
      View Details
    • Contact for pricing
      0.33 Acres

      Terreton Highway Commercial Lot

      Prime Highway Location, Owner Financing Available
      1089 1500, Terreton, ID 83450
      View Details

    Nearby Similar for Sale

    • Contact for pricing
      0.33 Acres

      Terreton Highway Commercial Lot

      Prime Highway Location, Owner Financing Available
      1089 1500, Terreton, ID 83450
      View Details
    • $130,000
      0.03 Acres

      Terreton Bar & Business Opportunity

      Historic Bar with Endless Potential
      1091 1500, Terreton, ID 83450
      View Details

    FAQs

    What type of property is this?
    Investment property - Historic Bar with Huge Potential
    Where is this investment property located?
    The property is located at 1091 1500 Terreton, ID.
    What is the asking price?
    The asking price for this property is $150,000.
    (208) 510-0551
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    1091 1500 Terreton, ID 83450
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    1091 1500
    Terreton, ID 83450
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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
    1091 1500 Terreton, ID 83450
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