Homes for sale - 515 S Challis Street, Salmon, ID 83467

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Rod Jones

rodsidaho@gmail.com +1(208) 313-0000

$3,499,000

Est. payment - /mo

5,126 SqFt

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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

Construction Status Frame,Existing-Fully Updated

Annual Tax Amount $5,357

Tax Year 2022

Lot Size 0.515 Acres

Acres 0.515374

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

Rooms

Basement None

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

Construction Status Frame,Existing-Fully Updated

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Not Applicable

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Listed by The Von Sues Group

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Rod Jones

+1(208) 313-0000

Broker

515 S Challis Street Salmon, ID 83467

Rod Jones

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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