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    1200 Main St Challis, ID 83226
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    Property profile & analytics

    1200 Main St, Challis, ID 83226

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    • Investment properties
    • 0.15 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Y-Inn Lounge / Restaurant

    Property Details for 1200 Main St

    Year built
    1960
    Lot size
    0.15 lot acres
    Property type
    Investment properties

    Description

    This exceptional business opportunity presents a well-established restaurant and bar situated at 1200 E Main Street in Challis, Idaho, directly off Highway 93. Boasting a rich history of over 65 years at this prime location, the property offers a unique blend of charm and functionality. The building itself is a captivating log structure, enhanced by its rustic western dГ©cor, creating a welcoming and inviting atmosphere for diners. The main dining area exudes a classic small-town feel, perfectly complementing the overall ambiance. A separate lounge and bar area provides additional seating options, including bar seating and comfortable tables, ideal for enjoying televised events or casual socializing. A significant feature is the large banquet room, which can be seamlessly integrated with the bar area for larger gatherings or kept separate for private parties and events. Adding to the property's versatility is an on-site apartment, offering convenient living arrangements for the owner or manager. This turnkey operation presents a rare chance to either continue the legacy of this long-standing establishment or to implement your own innovative vision. The sale includes the operating inventory, details of which are available upon request. The 0.15-acre lot provides ample space for the existing structure and operations. This is an exceptional opportunity for an entrepreneur seeking a profitable and established business in a desirable location. The asking price for this remarkable property is $645,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Challis
    County
    Custer
    State
    Idaho
    Longitude
    -114.226
    Latitude
    44.5059
    More about this property
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