515 S Challis Street Active Save Request In-Person Tour Request Virtual Tour
Salmon,ID 83467
Key Details
Property Type Commercial
Sub Type Business w/Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 5,126 sqft
Price per Sqft $682
MLS Listing ID 2162639
Annual Tax Amount $5,357
Tax Year 2022
Lot Size 0.515 Acres
Property Sub-Type Business w/Real Estate
Property Description
Making its debut on the market, we are delighted to present an exceptional investment opportunity: the acquisition of the EXXON Station, C-Store, and 93 Outdoor Sports in Salmon, ID. This family-owned and operated business, established in the mid-1960s, has become a thriving cornerstone of the community. The unencumbered and well managed asset provides a truly seamless transition to new ownership, with all inventory and assets included (With an offer accepted by sellers.) Notably, investors can anticipate an approximate 7.49% cash-on-cash return, reflecting the strong financial performance of this turnkey operation. This unprecedented opportunity in Salmon, Idaho offers the new owners the chance to become an integral part of this thriving community. This extraordinary opportunity includes four LOB's (Fuel Pumps, C-Store, Sporting Goods store and two Apartments). This business is nestled in the sought-after tourist destination of Salmon, Idaho, which is situated amidst the awe-inspiring allure of The Salmon River aka: The River of No Return and The Frank Church Wilderness, offering endless outdoor activities including hunting, fishing, white water rafting, and hiking.
Location
State ID
County Lemhi
Area Lemhi
Interior
Heating Electric,Forced Air
Cooling None
Inclusions All inventory and equipment is included and conveys with purchase with an accepted offer by the sellers.
Exterior
Exterior Feature Log Siding,Slate
Roof Type Rolled/Hot Mop
Building
Sewer Public Sewer
Water Public
Structure Type Retail,Service Business,Other-See Remarks
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Not Applicable
Virtual Tour https://realestate.daydreamphotography.com/515-S-Challis-St-2