515 S Challis Street Salmon, ID $ 3,499,000
515 S Challis Street
$ 3,499,000
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515 S Challis Street

Salmon, ID, 83467
$ 3,499,000
Baths0.0

Monthly Estimate*

$ 24,442

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Studio

Commercial Property for sale in Salmon, ID

for $3,499,000. This building was built in 1960 on a lot size of 0.5153.

First time one the market, an exceptional investment opportunity: 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 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.

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Commercial Active

Price

$ 3,499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,357

Style

Business

Lot Size

0.5153

Year Built

1960

Town/City

Salmon

County/Region

Lemhi

MLS | Web ID

20500515

Features
General
Heating Electric Propane
Cooling None
Utilities City Sewer City Water Electricity Connected Propane
Ceiling Height 8 to10 Feet
Possession Negotiable
Roof Flat
Year Built 1960
Business Type Food & Beverage Gas Station Sporting Goods Other
Property SubType Business
Subdivision Name Shoup
County County in State of Idaho
Property Type Commercial Sale
Construction Materials Frame Log Wood
Year Built Details Preowned
Status Active
Directions Coming into Salmon from the south or north on HWY 28 head South on HWY 93 S. Challis St. to HWY 93 515 S Challis St. It is on the right across from Valley Wide.
City Salmon
Buyer Agent Compensation 1
Street Name Challis
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Flooring Tile
Total Stories 1
Total Units 0
Street Suffix Street
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Exterior
Lot Size Source Public Records
Parking Features Other
Lot Size .5 to < 1 Acre
Foundation Slab
Building Area Total 5126.00
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Internal Only
Street Number 1 515
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* Excluded Features
List By
Timothy Sues

Listing Agent

The Von Sues Group

Broker

Affordability Calculator

$24,888
Per Month
98%
2%
0%
Monthly Principal & Interest
$24,442
Monthly Property Taxes
$446
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
1/15/2024 $3,499,000 Listed Price

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515 S Challis Street, Salmon, ID, 83467 is a Commercial Property for sale at $3,499,000 with a lot size of 0.5153. 515 S Challis Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 83467 which is in Salmon, ID