620 Main St Payette, ID 83661
- Commercial real estate
- 4,763 SF
- 1.10 lot acres
Current Use by Public Records
- Treasure Valley Eagles #3803 / Fraternal Organization
Property Details for 620 Main St
- Lot size
- 1.10 lot acres
- Property size
- 4,763 SF
- Property type
- Commercial real estate
Description
This exceptional 4,763 square foot commercial building located at 620 S Main Street, Payette, ID, presents a unique investment opportunity. Currently configured as a restaurant and bar, its versatility extends far beyond its current use. The expansive 1.1-acre lot offers significant potential for expansion or complementary businesses. Recent improvements include a complete bathroom remodel, ensuring modern amenities for patrons. The fully equipped kitchen is included in the sale, saving significant start-up costs for a new owner. The roof, less than 10 years old, provides peace of mind and reduces immediate maintenance concerns. Adding to the property's income stream is a Lamar billboard situated on the property, generating a consistent $150 monthly rental income. The seller is offering attractive financing options: a 30-year amortized loan at 7% interest with a 20-year balloon payment, requiring a 20% down payment. This presents a compelling opportunity for entrepreneurs seeking a turnkey operation or those with vision for a larger-scale commercial venture in a thriving Payette location. The building's size and location make it ideal for a variety of uses, offering substantial return on investment. Don't miss this chance to acquire a well-maintained, income-producing property with significant upside.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Payette
- County
- Payette
- State
- Idaho
- Longitude
- -116.933
- Latitude
- 44.06696
