211 Norris Ave New Meadows, ID 83654
This exceptional commercial property in New Meadows, Idaho, presents a unique investment opportunity. Located just half a mile north of the Highway 55 and Highway 95 intersection, this 0.73-acre lot encompasses a historic six-bedroom mansion with four full baths and two half baths, along with an eleven-room motel featuring four additional suites. The property boasts 9,160 square feet of space, beautifully landscaped grounds, ample parking, and is pet-friendly. Its prime location offers year-round appeal, with proximity to world-class skiing, snowmobiling, fishing, and hot springs. The property's versatility allows for various uses, including a bed and breakfast, boutique hotel, exclusive event venue, or even a private compound. The existing hotel promises an unmatched guest experience and a profitable future, making this a truly remarkable investment in a growing community with new housing developments and activity centers enriching local life. This turnkey operation is ready for a new owner to capitalize on its established success and potential. The property's charm and mountain elegance provide an ideal canvas for a new vision, ensuring a legacy for years to come.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.