Billiards Bar with Parking
For Sale
$1,400,000
905 E Lincoln Road, Idaho Falls, ID 83401
COMMERCIAL - Idaho Falls, ID
Property Size6,337 SF
Lot Size0.46 Acres
Price / SF$220.92
Days on Market46
Property Features for 905 E Lincoln Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Zoning: If Commercial, Specific Zoning: Idaho Falls-Gc1-General Commer
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Parking Lot
Security features
Security System
Accessibility
Accessible Approach with Ramp
Lot features
High Traffic, Concrete Curbing
Directions
East of Northgate Mile/ N. Yellowstone Hwy on E. Lincoln Rd.
Standard status
Active
APN
RPA00008088908
Size
6,337 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
.46 A SW COR SE1/4, SEC 8, T 2N, R 38
Tax Annual Amount
4268
Legal Description
.46 A SW COR SE1/4, SEC 8, T 2N, R 38
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1975
Floors in Building
1
Building materials
Frame, Wood Siding
Roof type
Membrane
Listing Agency:
Mountain Life Realty, dba MLR
(208) 982-0309
Listed By:
Kristen Andelin · License #56532
(208) 982-0309
Added: Jun 30
Changed: Aug 4
Last Checked: Aug 14 at 9:06PM
MLS# 2180200
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.
Investment Insights
Based on property information with market context.
A billiards bar property with a ready-to-operate setup, housed in a frame building with wood siding. The building features forced-air heating and central air cooling, along with a membrane roof. Restroom facilities include Bathroom 1 and Bathroom 2. Parking is provided via an on-site parking lot, and the property offers accessibility through an accessible approach with a ramp.
The site covers 0.46 acres and includes a building size of 6,337 square feet. Public utilities are available with public water and public sewer.
Built in 1975, the property presents a straightforward option for an owner-operator looking for an existing bar concept, with flexibility described for use as other entertainment or food-focused concepts.
The site covers 0.46 acres and includes a building size of 6,337 square feet. Public utilities are available with public water and public sewer.
Built in 1975, the property presents a straightforward option for an owner-operator looking for an existing bar concept, with flexibility described for use as other entertainment or food-focused concepts.
Key Highlights
- 6,337 SF building on a 0.46‑acre lot
- Billiards bar concept described for flexible use
- Frame construction with wood siding and membrane roof
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
$75,070
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
5.36%
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%
$1,501,400
$1.5M
Cap Rate 7%
$1,072,429
$1.1M
Cap Rate 9%
$834,111
$834.1K
Market Conditions
NOI Build-Up for 6,337 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
$102.7K $16.20/SF
− Vacancy
−$2.6K −$0.41/SF
EGI
$100.1K $15.79/SF
− OpEx
−$25.0K −$3.95/SF
NOI
$75.1K $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 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%
$1,501,400
Cap Rate 7%
$1,072,429
Cap Rate 9%
$834,111
Alternative Uses
Best Use
Specialty Retail
$1.07M
$938.4K – $1.25M
NOI $75,070 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.23M – $1.63M
NOI $98,006 @ 7.0% cap · market cap 7.00%
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
162
Businesses Nearby
160k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 73%
Shops & Services 27%
Costco Wholesale
Superstores
116,367 visits/mo
0.1 miles
Costco Gasoline
Shops & Services
43,753 visits/mo
0.1 miles
LL Flooring
Home Improvements & Furnishings
292 visits/mo
0.2 miles
Demographics for 83401, ID
47,114
Population
16,026
Households
2.9
Avg Household Size
31
Median Age
30%
College-Educated
90%
High-School Grad
197.3 sq mi
ZIP Area
239
Density / Sq Mi
$75,870
Median Household Income
$35,293
Median Earnings
$1,132
Median Rent
$307,700
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
- Starbucks — 1555 Northgate Mile, Idaho Falls, ID 83401
- Pockets Inc — 905 Lincoln Rd, Idaho Falls, ID 83401
Frequently Asked Questions
What type of property is this?
Bar & Pub - Frame construction billiards bar on a 0.46-acre lot with forced-air heat, central air, and accessible ramp entry.
Where is this bar & pub located?
The property is located at 905 E Lincoln Road Idaho Falls, ID.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 6,337 SF building on a 0.46‑acre lot; Billiards bar concept described for flexible use; Frame construction with wood siding and membrane roof
