Active

515 S Challis Street

Salmon ID, 83467

$3,499,000


$682.60 per sqft

Active

5,126 sqft

Commercial

Built in 1965

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.

2162639

MLS ID

December 22, 2023

Listed

December 5, 2024

Updated

Map

515 S Challis Street
Salmon ID, 83467

Interior Features

Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Electric, Forced Air

Exterior/Building Features

Lot Size

0.52 Acres


Roof

Rolled/Hot Mop


Sewer

Public Sewer

Other Property Details

Taxes

$5,358


Tax Frequency

Annually


Days on Market

350


Association Fee

Not Listed


Garage

No


View

No


County

Lemhi


Water Source

Public


Pool

No

Courtesy of The Von Sues Group, Timothy Sues,
Listing Contact: 208-993-3925 

Based on information from Snake River Regional Multiple Listing Service as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated on 12/5/2024 at 10:40 PM UTC

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