Renovated Restaurant and
For Sale
$430,000
604 S 8th Ave, Pocatello, ID 83201
Renovated restaurant and coffeehouse building with long-running neighborhood use and a month-to-month tenant in place.
Property Size3,120 SF
Price / SF$137.82
Days on Market139
Property Features for 604 S 8th Ave
General Information
Standard status
Active
Size
3,120 SF
Building Details
Year Built
1960
Listing Agency:
Silvercreek Realty Group
Listed By:
Rose Stevens
(208) 234-4663
Source:
Noplacelikeidaho
Added: Jun 6
Changed: Oct 15
Last Checked: Oct 6 at 12:19AM
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 Silvercreek Realty Group
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Investment Insights
Based on property information with market context.
This for-sale property is College Market, a tenant-occupied restaurant and coffeehouse building with a history dating back to its original neighborhood grocery store. The building was renovated as a coffeehouse and bookstore in 1992, then updated again in 2013 for use as a panini café and coffeehouse. A list of multiple updates is available in the transaction documents.
Located in the ISU Neighborhood Historic District, the property is described as being within a short distance of Idaho State University, as well as restaurants and shopping. The current operation is tenant occupied on a month-to-month basis, so showings should be coordinated with courtesy toward patrons. The best time to show is between 3:00 and 6:00.
For buyers looking for an income-producing food and beverage concept, this offering provides a ready-to-occupy restaurant and coffeehouse asset with documented improvements. Its established neighborhood presence and continued use as a gathering place for students, professors, and nearby residents may appeal to operators seeking a familiar format and an existing flow of daily activity.
Located in the ISU Neighborhood Historic District, the property is described as being within a short distance of Idaho State University, as well as restaurants and shopping. The current operation is tenant occupied on a month-to-month basis, so showings should be coordinated with courtesy toward patrons. The best time to show is between 3:00 and 6:00.
For buyers looking for an income-producing food and beverage concept, this offering provides a ready-to-occupy restaurant and coffeehouse asset with documented improvements. Its established neighborhood presence and continued use as a gathering place for students, professors, and nearby residents may appeal to operators seeking a familiar format and an existing flow of daily activity.
Key Highlights
- Long‑running neighborhood business in the ISU Neighborhood "Historic District," active since the 1940s
- Building renovated in 1992 as a coffeehouse/bookstore
- Renovated again in 2013 as a panini cafe & coffeehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,023
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,460
$600.5K
Cap Rate 7%
$428,900
$428.9K
Cap Rate 9%
$333,589
$333.6K
Market Conditions
NOI Build-Up for 3,120 SF
Gross rent
$41.2K $13.20/SF
− Vacancy
−$1.2K −$0.37/SF
EGI
$40.0K $12.83/SF
− OpEx
−$10.0K −$3.21/SF
NOI
$30.0K $9.62/SF
Area
Bannock County, ID
Vacancy
2.80%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,460
Cap Rate 7%
$428,900
Cap Rate 9%
$333,589
Alternative Uses
Best Use
Specialty Retail
$428.9K
$375.3K – $500.4K
NOI $30,023 @ 7.0% cap · market cap 6.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$517.0K
$452.4K – $603.2K
NOI $36,190 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,179
Businesses Nearby
38k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 26%
Groceries 9%
Arctic Circle
Dining
9,983 visits/mo
0.5 miles
Common Cents
Shops & Services
5,668 visits/mo
0.2 miles
Exxon
Shops & Services
5,322 visits/mo
0.2 miles
Nel's Bi-Lo Market
Groceries
3,534 visits/mo
0.4 miles
Phillips 66
Shops & Services
3,224 visits/mo
0.4 miles
Demographics for 83201, ID
38,921
Population
15,885
Households
2.5
Avg Household Size
33
Median Age
34%
College-Educated
94%
High-School Grad
34.2 sq mi
ZIP Area
1,138
Density / Sq Mi
$63,209
Median Household Income
$34,118
Median Earnings
$905
Median Rent
$256,100
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Elon Bubble tea store — 501 n main st, pocatello, id 83204
- Bru House Galilei — 502 N Main St, Pocatello, ID 83204
- Mocha Madness — 546 S 5th Ave, Pocatello, ID 83201
- Starbucks — 544 E Benton St, Pocatello, ID 83201
- Starbucks — 850 S 9th Ave, Pocatello, ID 83201
Frequently Asked Questions
What type of property is this?
Coffee shop - Renovated restaurant and coffeehouse building with long-running neighborhood use and a month-to-month tenant in place.
Where is this coffee shop located?
The property is located at 604 S 8th Ave Pocatello, ID.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Long‑running neighborhood business in the ISU Neighborhood "Historic District," active since the 1940s; Building renovated in 1992 as a coffeehouse/bookstore; Renovated again in 2013 as a panini cafe & coffeehouse
