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Mixed-Use Property with Restaurant
For Sale
$1,300,000

200 Main Street, Idaho City, ID 83631

Commercial Sale, Idaho City, ID

Property Size3,900 SF
Lot Size0.60 Acres
Price / SF$333.33
Days on Market219

Property Features for 200 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Accessibility Accessible Approach with Ramp
Lot features 1/2 - .99 Acre
Directions Take Hwy 21 to Idaho City turn L on Main (across from gas station). Business is on your right, just past the visitors center.
Standard status Active
APN RPI000100V002A
Size 3,900 SF
Lot size 0.60 Acres

Taxes and HOA fees

Tax Description LOT 2,3 OR TAX 84, TAX 48 LEONS & GENTRYS RETAIL STORE & RESTAURANT
Legal Description LOT 2,3 OR TAX 84, TAX 48 LEONS & GENTRYS RETAIL STORE & RESTAURANT

Utilities

Utilities Propane
Heating system Electric (Heating), Forced Air
Cooling system Central Air

Building Details

Year built 2011
Floors in Building 1
Building materials Frame, Wood Siding
Roof type Metal
Listing Agency: Victory Realty
Listed By: Amanda Callahan · License #SP46722
Added: Mar 25 Changed: Oct 17 Last Checked: Oct 29 at 12:06AM
MLS# 98979387

Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This mixed-use commercial property combines a restaurant, grocery store, and ice cream shop within a 3,900-square-foot building on 0.6 acres. The restaurant has an open interior layout, while the grocery component serves everyday community shopping needs and the ice cream shop offers scoops and milkshakes. Outdoor amenities include a patio, seating area, and covered porch. Customer parking is available on the property.

Located at 200 Main Street in downtown Idaho City, the property benefits from a central setting serving local residents, visitors, and tourists. Constructed in 2011, the building features frame construction with wood siding, a metal roof, central air, electric forced-air heating, propane utilities, and an accessible approach with ramp.

Key Highlights

  • Combined restaurant, grocery store, and ice cream shop
  • 3,900‑square‑foot commercial building on 0.6 acres
  • Restaurant includes an open interior layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$53,633
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,660 $1.1M
Cap Rate 7%
$766,186 $766.2K
Cap Rate 9%
$595,922 $595.9K
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$74.9K $19.20/SF
− Vacancy
−$3.4K −$0.86/SF
EGI
$71.5K $18.34/SF
− OpEx
−$17.9K −$4.58/SF
NOI
$53.6K $13.75/SF
Area
Boise County, ID
Vacancy
4.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,660
Cap Rate 7%
$766,186
Cap Rate 9%
$595,922

Alternative Uses

Best Use
Specialty Retail
$766.2K
$670.4K – $893.9K (±1% cap)
NOI $53,633 @ 7.0% cap · market cap 4.13%
Second Best
Mixed Use
$692.0K
$605.5K – $807.3K (±1% cap)
NOI $48,438 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$986.5K
$863.2K – $1.15M (±1% cap)
NOI $69,058 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Auto Parts Store Building Supply Grocery & Convenience Store Garden Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

145
Businesses Nearby

Demographics for 83631, ID

1,317
Population
1,115
Households
1.2
Avg Household Size
52
Median Age
26%
College-Educated
98%
High-School Grad
168.5 sq mi
ZIP Area
8
Density / Sq Mi
$80,968
Median Household Income
$47,016
Median Earnings
$776
Median Rent
$373,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes grocery retail, an ice cream shop, and covered outdoor seating in a downtown commercial setting.
Where is this mixed-use property located?
The property is located at 200 Main Street Idaho City, ID.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Combined restaurant, grocery store, and ice cream shop; 3,900‑square‑foot commercial building on 0.6 acres; Restaurant includes an open interior layout
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