Bar and Pub with Commercial
New
For Sale
$1,750,000
298 D Street, Idaho Falls, ID 83402
Commercial Sale, Idaho Falls, ID
Property Size9,400 SF
Price / SF$186.17
Days on Market3
Property Features for 298 D Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Zoning: Commercial, Specific Zoning: Idaho Falls-Cc-Central Commer
Rooms
Basement
Parking features
Parking Lot
Basement
Partial
Accessibility
Accessible Approach with Ramp
Directions
Head to downtown Idaho Falls on D street and Frosty Gator will be on the Northside of the street.
Standard status
Active
APN
RPA1980009007
Size
9,400 SF
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 7-9, BLOCK9, RAILROAD NW 1/4, SEC 19, T 2N, R 38
Tax Annual Amount
7123
Legal Description
LOTS 7-9, BLOCK9, RAILROAD NW 1/4, SEC 19, T 2N, R 38
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1948
Building materials
Block, Block
Roof type
Membrane
Listing Agency:
Mountain Life Realty, dba MLR
Listed By:
Kristen Andelin · License #56532
(208) 982-0309
Added: Oct 29
Last Checked: Oct 31 at 3:06AM
MLS# 2190065
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.
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Investment Insights
Based on property information with market context.
Located at 298 D Street in downtown Idaho Falls, this 9,400-square-foot bar and restaurant includes dining areas, a commercial kitchen with equipment, and an active liquor license. An upstairs apartment is part of the property and would require renovation. Additional interior area is also identified for potential reconfiguration.
Built in 1948, the block building has a basement, membrane roof, natural gas heating, and central air conditioning. A parking lot serves the property, and an accessible approach includes a ramp. Public water and sewer are available.
Built in 1948, the block building has a basement, membrane roof, natural gas heating, and central air conditioning. A parking lot serves the property, and an accessible approach includes a ramp. Public water and sewer are available.
Key Highlights
- Operating bar and restaurant with an active liquor license
- 9,400 square feet, including dining areas and a commercial kitchen with equipment
- Upstairs apartment requires renovation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,355
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,227,100
$2.2M
Cap Rate 7%
$1,590,786
$1.6M
Cap Rate 9%
$1,237,278
$1.2M
Market Conditions
NOI Build-Up for 9,400 SF
Gross rent
$152.3K $16.20/SF
− Vacancy
−$3.8K −$0.41/SF
EGI
$148.5K $15.79/SF
− OpEx
−$37.1K −$3.95/SF
NOI
$111.4K $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 Rate 5%
$2,227,100
Cap Rate 7%
$1,590,786
Cap Rate 9%
$1,237,278
Alternative Uses
Best Use
Specialty Retail
$1.59M
$1.39M – $1.86M
NOI $111,355 @ 7.0% cap · market cap 6.36%
Second Best
Industrial
$552.7K
$483.6K – $644.8K
NOI $38,690 @ 7.0% cap · market cap 2.21%
Theoretical Best
Office A
$2.08M
$1.82M – $2.42M
NOI $145,377 @ 7.0% cap · market cap 8.31%
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
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
1,589
Businesses Nearby
61k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 27%
Hotels & Casinos 20%
Applebee's
Dining
15,633 visits/mo
0.5 miles
Chili's Grill & Bar
Dining
12,485 visits/mo
0.4 miles
KeyBank
Shops & Services
9,101 visits/mo
0.4 miles
Residence Inn Idaho Falls
Hotels & Casinos
5,499 visits/mo
0.5 miles
Hilton Garden Inn Idaho Falls
Hotels & Casinos
5,063 visits/mo
0.5 miles
Demographics for 83402, ID
28,452
Population
11,983
Households
2.4
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
171.0 sq mi
ZIP Area
166
Density / Sq Mi
$72,064
Median Household Income
$35,593
Median Earnings
$904
Median Rent
$301,400
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
Similar Off Market Nearby
- R & R Bar — 195 S Eastern Ave, Idaho Falls, ID 83402
- That One Place Lounge (TOP) — 300 S Yellowstone Hwy, Idaho Falls, ID 83402
- Heads & Tails Distillery — 310 Park Ave, Idaho Falls, ID 83402
- New Ford's Bar — 444 A St, Idaho Falls, ID 83402
- The White Horse Bar — 545 Shoup Ave, Idaho Falls, ID 83402
Frequently Asked Questions
What type of property is this?
Bar & Pub - An operating bar and restaurant includes an active liquor license, equipped kitchen, dining areas, and an upstairs apartment.
Where is this bar & pub located?
The property is located at 298 D Street Idaho Falls, ID.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Operating bar and restaurant with an active liquor license; 9,400 square feet, including dining areas and a commercial kitchen with equipment; Upstairs apartment requires renovation
