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