Technical
Financial
Distress signals
Property profile

601 W Appleway Ave Coeur d Alene, ID 83815

FOR SALE
Bars & Pubs
Property ID
US27-0420332
5,600 SF 0.43 ac lot Built 1977
Entity Owned 13-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 601 W Appleway Ave in Coeur d'Alene, Idaho (zip code 83815), presents a unique investment opportunity. The property, listed at $2,000,000, encompasses a 0.42-acre lot and a 5,600 square foot building. Originally established in 1977 as a well-known sports bar, this turnkey business offers significant potential for the next owner. The building is in excellent condition and features ample on-site parking, ensuring convenient access for patrons. All utilities are provided by the City of Coeur d'Alene. The property is classified as Special Purpose Land and is zoned for commercial use. This prime location in Kootenai County offers easy access to local amenities and a strong customer base. The substantial square footage provides ample space for various business ventures, making this a truly versatile and attractive investment. This is a rare opportunity to acquire an established business with a rich history and significant growth potential in a desirable location. The property is ready for immediate operation, minimizing start-up costs and maximizing return on investment.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1977
Construction FRAME
Total area 5,600 SF
Lot 0.43 ac (18,513 SF)
APN C4050000029A
UPID US27-0420332

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub

Location

601 W Appleway Ave Coeur d Alene, ID 83815
Coeur d Alene metro Census 901 COEUR D'ALENE, ID METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2012
2 recorded transactions
2012
Price N/A
2008
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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