Property summary
This exceptional investment opportunity presents a thriving bar and two attached apartments situated on a combined 0.16-acre lot in the desirable Star, Idaho location, at 10937 W State Street. The main property, offered at $590,000, includes a well-established bar and one convenient apartment, ideal for owner occupancy or rental income. This presents a strong foundation for immediate cash flow. A second apartment is available for an additional $100,000, providing further potential for rental income or expansion. The property is comprised of two separate parcels, offering flexibility for future development or individual sale. Purchasing both parcels together provides a significant discount, with a combined price of $675,000. This presents a unique chance to acquire a turnkey business with substantial upside potential in a growing market. The property's location offers excellent visibility and accessibility, ensuring strong customer traffic for the bar and high demand for the rental units. The square footage is not currently specified, but the property's size and configuration offer ample space for both the commercial and residential components. This is a rare opportunity to own a profitable business and rental properties in a single, convenient location. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Financial details and property specifics are available upon request.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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Bar & Pub
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of zoning district is to provide for commercial, retail, civic, office, and entertainment uses. Residential uses, including higher densities may be allowed on the upper floors of multiple use buildings and ma…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CBD · Star, IDThe purpose of zoning district is to provide for commercial, retail, civic, office, and entertainment uses. Residential uses, including higher densities may be allowed on the upper floors of multiple use buildings and ma…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of zoning district is to provide for commercial, retail, civic, office, and entertainment uses. Residential uses, including higher densities may be allowed on the upper floors of multiple use buildings and ma…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBD in Star, ID.
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