183 Prichard St Wallace, ID 83873

Property Details for 183 Prichard St

Lot size

5.38 lot acres

Property type

Investment properties

Description

This exceptional investment opportunity in Wallace, Idaho presents a unique blend of established businesses and significant development potential. Situated on a sprawling 5.38-acre parcel boasting 481 feet of pristine Prichard Creek waterfront, this property offers a turnkey operation with immediate income streams. The heart of the property is a thriving restaurant and bar, complete with a liquor license, live entertainment capabilities, a cocktail bar, full restaurant service, covered patio, beer garden, and a billiards game room. The commercial kitchen is equipped with high-end appliances, including a Wolf range and flat-top grill. High-speed Wi-Fi is available throughout the establishment. Complementing the restaurant is a well-established RV campground featuring seven full-size RV stalls with water and power hookups. The extensive waterfront access provides direct connection to the Coeur d'Alene River, offering unparalleled recreational opportunities for guests. The property also includes a recently renovated 1,043 square foot, three-bedroom, one-bathroom single-family residence, currently operating as a successful vacation rental. This presents an immediate income stream and comfortable living quarters. The expansive acreage provides ample room for future expansion, with possibilities including the addition of more RV sites, construction of cabins or a lodge, or further development of existing amenities to increase revenue. This property represents a rare chance to acquire a multi-faceted business with proven profitability and substantial growth potential in a highly desirable North Idaho location, close to the Coeur d'Alene National Forest. The asking price is $1,850,000.

Location Insight

City

Wallace

County

Shoshone

State

Idaho

Longitude

-115.9705

Latitude

47.65636