Property profile

102 S 1St Ave 101 Sandpoint, ID 83864

FOR SALE
Commercial real estate
Property ID
US27-1010199
3,240 SF 0.47 ac lot Built 1974
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional turnkey restaurant opportunity is located in the vibrant heart of downtown Sandpoint, Idaho, at the bustling intersection of Pine St & First Ave. The property boasts a prime location within a thriving commercial district, ensuring high visibility and foot traffic. The single-tenant building, constructed in 2001, offers a spacious 3,370 square feet of well-maintained space across one of three stories within a larger 12,000 square foot building. The interior is fully furnished and recently updated, eliminating the need for extensive renovations and allowing for immediate occupancy. The property is zoned for commercial use and is situated in Bonner County, within the Sandpoint submarket. This is an ideal opportunity for an established restaurant operator or a new entrepreneur looking to capitalize on a high-demand location. The address is 102 S 1st Ave #101, Sandpoint, ID 83864. The property's convenient location and turnkey condition make it an exceptional investment opportunity in a desirable market. The building's size and layout offer ample space for both front-of-house operations and back-of-house functions, ensuring efficient workflow and maximum capacity. This is a rare chance to acquire a fully operational restaurant in a prime location, ready for immediate revenue generation.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1974
Total area 3,240 SF
Lot 0.47 ac (20,430 SF)
APN RPS00380010030A
UPID US27-1010199

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Marriage Or Relationship Counselor
  • Cafe & Coffee Shop
  • Physician Medical Clinic

Location

102 S 1St Ave, Unit 101 Sandpoint, ID 83864
Sandpoint metro Census 950300 SANDPOINT, ID MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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