766 Main St, Bellevue, ID 83313-6037
This established Bellevue, Idaho motel presents a compelling investment opportunity. The property, located at 766 S Main St, boasts 21 keys spread across three buildings on a 0.74-acre lot (APN: RPB2N18036004A). The main structure houses 15 rooms, while a second building contains 6 rooms, and a third serves as a manager's office and check-in area. Built in 1983 with renovations in various years and a significant update in 2007, the motel offers 7,683 square feet of space. Amenities include ample guest parking, laundry facilities, and a fire pit/BBQ area. The property enjoys excellent visibility on Main Street and consistently maintains low vacancy rates. The asking price is $2,850,000, translating to $370.95 per square foot. The property is zoned for Light Industrial use and is offered as a fee simple ownership. This well-maintained motel is suitable for both short-term and long-term rentals, making it an attractive option for investors seeking a proven, profitable hospitality business in a desirable location. The property's history of success and strong performance make it a prime candidate for continued growth and profitability.
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.