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    FOR SALE
    Commercial real estate

    511 Main St, Ashton, ID 83420

    0.09 ac lot
    Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US27-0243764
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.09 ac (3,920 SF)
    APN RPA0002036010A
    UPID US27-0243764
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Gjb Holdings LLC · 3 yrs held
    Gjb Holdings LLC
    since 2023
    2 recorded transactions
    2023
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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