2741 Highway Dr Arco, ID 83213
- Commercial real estate
- 0.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2741 Highway Dr
- Year built
- 1960
- Lot size
- 0.10 lot acres
- Property type
- Commercial real estate
Description
This unique investment opportunity in Arco, Idaho, presents a diverse income-generating property. The main building comprises a fully licensed bar and restaurant, ready for immediate operation. The Idaho Health Department has already licensed the kitchen. Adding to the income potential are four apartments, providing consistent rental revenue streams. A significant advantage is the inclusion of a liquor license in the sale, a valuable asset for any hospitality business. Separate from the main building is a 650-square-foot, one-bedroom home, offering additional rental income or owner occupancy. The property sits on a 0.1-acre lot and benefits from excellent public visibility due to its location on Highway 20. Recent improvements include a new roof and a new septic system, minimizing immediate maintenance needs. A vacant lot is also included, offering potential for expansion or future development. The property's diverse income streams, combined with its strategic location and recent upgrades, make it an attractive investment opportunity for savvy buyers seeking a diversified portfolio. The sale includes all existing signage. This is a turnkey operation ready for a new owner to step in and begin generating income. The property is priced at $200,000.
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
- Arco
- County
- Butte County
- State
- Idaho
- Longitude
- -113.306
- Latitude
- 43.623