700 Riverfront Dr Salmon, ID 83467-5190
This exceptional commercial property at 700 Riverfront Drive in Salmon, Idaho, presents a unique investment opportunity. Spanning 0.07 acres, the building boasts a completely renovated commercial kitchen, fully equipped with a refrigerator, freezers, ovens and hood, tables, and a three-compartment sink. The kitchen's previous tenant operated a successful bakery, demonstrating its viability for immediate use. Significant interior and exterior improvements have been made, including a new roof, plumbing and electrical upgrades, added storefront windows, overhead lighting, a wood-burning stove, and two new hot water tanks. A new sewer line connects to the city sewer system, and the parking area has been leveled and graveled, providing nine off-street parking spaces (buyer to verify). The property also features six individual office units, each updated with new carpet, paint, foam insulation, window air conditioning units, and Cub Cadet wall heaters. Electricity is separately metered for the kitchen and office spaces, offering efficient utility management. Adding to the income potential, a billboard sign lease generates $350 annually. Two additional bathrooms, each with a sink, toilet, and shower, have been recently installed, enhancing the property's functionality. A detailed list of improvements and kitchen equipment is available upon request for qualified buyers. Showings are by appointment only, and proof of funds is required.
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.