645 Ace Of Diamonds BlvdStanley, ID 83278

Property Details for 645 Ace Of Diamonds Blvd

Year built

1960

Property size (Sq ft)

2,728 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

RPE00270040100

APU

RPE00270040100

Description

Prime opportunity to acquire a well-established and profitable restaurant in the heart of Stanley, Idaho. Papa Brunee's, a beloved local institution since 1998, boasts a spacious dining area, fully equipped kitchen, and a bar, serving lunch and dinner seasonally. This successful business offers diverse menu options, including beer and wine, and presents further potential for increased sales. Exceptional financial records are available for qualified buyers. The current owners are offering mentorship to the right buyer, and the existing management team is committed to a smooth transition. A significant advantage is the inclusion of an on-site residential unit, ideal for employee housing. The property encompasses 3,064 square feet on a 0.16-acre lot. The current owners are open to selling or leasing the real estate to the business purchaser, providing flexibility for potential buyers. This turnkey operation is perfectly positioned to continue its success under new ownership. The property is located at 645 Ace Of Diamonds, Stanley, ID. Serious inquiries only

• CAP approach

  CAP return

  Valuation

  6%

  $736,889

  6.5%

  $680,205

  7%

  $631,619

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,465,725

  Geo Method

  $1,465,725

• Alternative Use

  Use

  Valuation

  Residential

  $573,779

  Hospitality

  $525,578

  Educational

  $437,275

  Medical

  $452,313

  Retail

  $680,205

Location Insight

City

Stanley

County

Custer

State

Idaho

Latitude

44.2159

Longitude

-114.938

Property Tax & Assessments

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