Active

1220 Main Street

Challis ID, 83226

$1,999,999


$462.96 per sqft

Active

4,320 sqft

Commercial

Built in 2022

Unique opportunity to own 3 businesses in one productive package, located in the rapidly growing mountain town of Challis, Idaho. FANTASTIC LOCATION! All 3 entities come together to make for a great combination of income streams. The recently constructed bar and restaurant have an incredibly exciting energy that promotes a high quality and fun atmosphere with a large stage that opens to the outside with insulated hangar doors. Tied to that is one of only a handful of hotels in town which makes for a very convenient tourism-based model to provide food, fun and a place for the out-of-town traffic to stay. To round out this business opportunity, there is also a newly constructed Pizzeria attached to the hotel that has all the modern amenities to functionally serve high quality pizza with limited man power. Challis has a bustling agriculture and tourism-based economy as well as the recent blue collar growth in the form of the large expansion of Thompson Creek Mine's employee base. There are too many improvements to mention with the Pizzeria and the restaurant being brand new construction but the opportunity to own and operate a legitimate legacy business in this beautiful place is evident at every corner, the owners would be open to reasonable, serious offers.

2163119

MLS ID

February 3, 2024

Listed

December 5, 2024

Updated

Map

1220 Main Street
Challis ID, 83226

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Heat Pump


Heating

Yes


Heating Description

Forced Air, Heat Pump

Exterior/Building Features

Roof

Metal


Sewer

Public Sewer

Other Property Details

Taxes

$3,984


Tax Frequency

Annually


Days on Market

308


Association Fee

Not Listed


Garage

No


View

No


County

Custer


Water Source

Public, Well


Pool

No

Listing History

Date

Event

Price

9/8/2024

Price change

$1,999,999

-21%

Courtesy of Hayden Outdoors Real Estate, Barry Sims,
Listing Contact: 208-268-1124 

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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