Operational Brewery Restaurant
For Sale
Contact for pricing
Pending
615 South 1st Avenue, Pocatello, ID 83201
Established brewery and restaurant space with commercial kitchen, bar, event loft, and outdoor deck.
Property Size9,000 SF
Days on Market106
Property Features for 615 South 1st Avenue
General Information
Standard status
Pending
Size
9,000 SF
Total Parking Spaces
25
Property subtype
Retail
Zoning
Industrial
Occupancy
100%
Investment Type
Owner/User
Building Details
Year Built
1917
Year Renovated
2005
Tenancy
Single
Listing Agency:
Premier Properties
Listed By:
Brayden Hernandez · License #ID SP54523
(208) 221-6649
Source:
Crexi
Added: Jul 9
Changed: Oct 12
Last Checked: Oct 20 at 7:49PM
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 Premier Properties
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Investment Insights
Based on property information with market context.
This for-sale commercial property includes approximately 9,000 SF of established brewery and restaurant operations. The space features a fully operational brewery, commercial kitchen, bar area, event loft, and an outdoor deck, along with a freight elevator and brewery equipment (per inventory). Seller financing is available for qualified buyers, and the owner is willing to provide brewery training and transition assistance for a smooth handoff.
Located at 615 South 1st Avenue in Pocatello, Idaho, the property presents a ready-to-operate setup for buyers looking to acquire a long-running brewery and hospitality concept in one package.
Located at 615 South 1st Avenue in Pocatello, Idaho, the property presents a ready-to-operate setup for buyers looking to acquire a long-running brewery and hospitality concept in one package.
Key Highlights
- Approximately 9,000 SF established brewery, restaurant, and commercial property
- Fully operational brewery with commercial kitchen, bar, and event loft (per inventory)
- Outdoor deck plus freight elevator (per inventory)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,965
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,300
$699.3K
Cap Rate 7%
$499,500
$499.5K
Cap Rate 9%
$388,500
$388.5K
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$54.0K $6.00/SF
− Vacancy
−$4.1K −$0.45/SF
EGI
$50.0K $5.55/SF
− OpEx
−$15.0K −$1.67/SF
NOI
$35.0K $3.89/SF
Area
Bannock County, ID
Vacancy
7.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,300
Cap Rate 7%
$499,500
Cap Rate 9%
$388,500
Alternative Uses
Best Use
Specialty Retail
$1.24M
$1.08M – $1.44M
NOI $86,605 @ 7.0% cap · market cap 11.55%
Second Best
Industrial
$499.5K
$437.1K – $582.8K
NOI $34,965 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,393 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,537
Businesses Nearby
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Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Brewery - Established brewery and restaurant space with commercial kitchen, bar, event loft, and outdoor deck.
Where is this brewery located?
The property is located at 615 South 1st Avenue Pocatello, ID.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Approximately 9,000 SF established brewery, restaurant, and commercial property; Fully operational brewery with commercial kitchen, bar, and event loft (per inventory); Outdoor deck plus freight elevator (per inventory)
