115 Lake St Sandpoint, ID 83864
- Investment properties
- 0.41 lot acres
Current Use by Public Records
- The Hydra Steakhouse / Seafood Restaurant / Steak House
- Sandcreek Lofts at Sandpoint Marina / Condominium Complex
- DM Vacations - Sandcreek Lofts / Vacation Home Rental Agency
Property Details for 115 Lake St
- Lot size
- 0.41 lot acres
- Property type
- Investment properties
Description
The Hydra Steakhouse & Lounge, a renowned Sandpoint establishment since 1975, presents a unique investment opportunity. This turnkey business includes the iconic name, all equipment, a valuable liquor license, and a loyal customer base cultivated over decades. The expansive 6,742 square foot building boasts an eclectic multi-room dining area, creating a versatile and inviting atmosphere. Multiple fireplaces contribute to a cozy ambiance, perfectly complementing the vast, commercial-grade kitchen. Its prime location in Sandpoint ensures high visibility and accessibility, placing it within minutes of 1st Avenue shopping, hotels, and City Beach. The property encompasses 0.41 acres, providing ample parking and a large, shaded outdoor lounge deck. This exceptional offering represents a chance to acquire a piece of Sandpoint's history and a thriving, well-established business. The sale includes all aspects necessary for immediate operation, making this a truly rare and attractive commercial property. The established reputation and loyal clientele provide a solid foundation for continued success. This is a remarkable opportunity to own a significant piece of Sandpoint's culinary landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sandpoint
- County
- Bonner
- State
- Idaho
- Longitude
- -116.549
- Latitude
- 48.272
