511 Main St, Ashton, ID 83420
For Sale
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This exceptional business opportunity presents the chance to acquire the renowned 511 Main Soda Fountain & Pizzeria, a beloved Ashton landmark situated on Main Street. This charming establishment boasts a rich history as the original City Drug of Ashton, featuring its iconic soda fountain where countless milkshakes have been crafted over the years. The property includes a delightful picnic area adjacent to a beautifully landscaped city park, providing ample outdoor seating for patrons. Inside, the nostalgic ambiance is preserved with original soda fountain equipment, booths, tables, and a private dining/party room. The culinary offerings are supported by a well-equipped kitchen, including a stone pizza oven, walk-in refrigerator, and ample storage in the basement. A dedicated prep area and additional freezer/refrigerator space are located in a back room. Modern conveniences include a new point-of-sale system, a security camera system, and a Tesla charging station conveniently located behind the building. The business benefits from a strong brand identity and a newly established website enabling online ordering. Consistent year-over-year sales growth underscores the profitability and potential of this thriving enterprise. The property sits on a 0.11-acre lot. While the exact square footage is to be verified by the buyer, this turnkey operation offers a unique blend of history, charm, and modern business practices in a prime location near Jackson and Yellowstone National Park, making it an ideal investment for a discerning entrepreneur.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.