Beer and Wine Bar with
For Sale
$375,000
157 Washington St N, Twin Falls, ID 83301
Established downtown bar with a U-shaped serving counter, patio seating, picnic tables, and on-site parking.
Property Size1,392 SF
Price / SF$269.40
Days on Market25
Property Features for 157 Washington St N
General Information
Standard status
Active
Size
1,392 SF
Additional Details
Business Included
Yes
Patio
Yes
Building Details
Year Built
1940
Listing Agency:
Keller Williams Sun Valley Southern Idaho
(208) 734-1991
Listed By:
Aleesha Cochran · License #SP40606
Source:
Scotreidrealty
Added: Aug 5
Changed: Aug 28
Last Checked: Aug 29 at 11:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Sun Valley Southern Idaho
Investment Insights
Based on property information with market context.
This beer and wine bar occupies a building constructed in 1940 and has operated as a community establishment for over 40 years. The interior includes a U-shaped bar designed for patron seating and social interaction, with space suited to entertainment and beverage service.
Outdoor amenities include a patio and picnic tables for seasonal seating. The property is located at 157 Washington St N in downtown Twin Falls, with ample parking available on site. The sale includes an established bar operation with the primary interior and exterior features already in place.
Outdoor amenities include a patio and picnic tables for seasonal seating. The property is located at 157 Washington St N in downtown Twin Falls, with ample parking available on site. The sale includes an established bar operation with the primary interior and exterior features already in place.
Key Highlights
- Beer and wine bar operating for over 40 years
- U‑shaped interior bar with patron seating
- Outdoor patio and picnic tables
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
$22,353
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
5.96%
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%
$447,060
$447.1K
Cap Rate 7%
$319,329
$319.3K
Cap Rate 9%
$248,367
$248.4K
Market Conditions
NOI Build-Up for 1,392 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
$30.6K $21.96/SF
− Vacancy
−$764 −$0.55/SF
EGI
$29.8K $21.41/SF
− OpEx
−$7.5K −$5.35/SF
NOI
$22.4K $16.06/SF
Area
Twin Falls County, ID
Vacancy
2.50%
Lease Rate
$21.96 /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%
$447,060
Cap Rate 7%
$319,329
Cap Rate 9%
$248,367
Alternative Uses
Best Use
Specialty Retail
$319.3K
$279.4K – $372.6K
NOI $22,353 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
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
933
Businesses Nearby
55k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 45%
Home Improvements & Furnishings 3%
McDonald's
Dining
19,225 visits/mo
0.2 miles
Stop N Go
Shops & Services
10,218 visits/mo
0.2 miles
Chevron
Shops & Services
7,517 visits/mo
0.2 miles
Phillips 66
Shops & Services
3,296 visits/mo
0.2 miles
United Oil
Shops & Services
3,120 visits/mo
0.3 miles
Demographics for 83301, ID
60,789
Population
24,466
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
295.7 sq mi
ZIP Area
206
Density / Sq Mi
$62,388
Median Household Income
$36,276
Median Earnings
$1,011
Median Rent
$290,600
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
- The Lamphouse Theatre — 223 5th Ave S, Twin Falls, ID 83301
- Big Papa's Grill & Live Music — 213 5th Ave S, Twin Falls, ID 83301
- TF Brickhouse — 516 Hansen St S, Twin Falls, ID 83301
- The Taphouse — 210 2nd Ave S, Twin Falls, ID 83301
- DK Log Tavern — 401 4th Ave W, Twin Falls, ID 83301
Frequently Asked Questions
What type of property is this?
Bar & Pub - Established downtown bar with a U-shaped serving counter, patio seating, picnic tables, and on-site parking.
Where is this bar & pub located?
The property is located at 157 Washington St N Twin Falls, ID.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Beer and wine bar operating for over 40 years; U‑shaped interior bar with patron seating; Outdoor patio and picnic tables
