You are browsing as a guest. Register to access key data for free.
Property profile

511 Main St Ashton, ID 83420

Commercial real estate
Property ID
US27-0243764
View Sample
0.09 ac lot
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2019
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message