1600 Pocatello Creek Road  Pocatello, Idaho

$1,600,000   •   5,634 sq. ft.   •   1.41 acres
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MLS #562989

Asking Price
$1,600,000
Status
ACTIVE
Location
Highland Area
Type
Real Estate Only
Offices
1
Restrooms
3
Parking
194 spaces
Floor Area
5,634 sq ft
Acreage
1.41 acres
Days on Market
8 Days

 

Property Description

5634 sq. ft. building located on a 1.41 acre corner lot. Currently Perkins Restaurant. Successful restaurant with plenty of room for expansion or think outside the box a great location for motel and/or restaurant or retail/office complex. Could also be a great investment property! Seller is willing to lease back the property. Cap rate of 7%. Very busy intersection just off I-15. High traffic, high visibility! Traffic counts are 23,000 - 24,000 cars a day on Pocatello Creek Road, 39,000 per day on I-15.

Property Exclusions

ffe may be included and value to be determined

 

Property Features

Improvements

# of Buildings:  1
# of Stories:  1
# of Offices:  1
# of Restrooms:  3
# of Parking Spaces:  194
Overhead Doors: 
# of Overhead Doors: 
Extras:  Fire Suppression, Handicap Access, Restrooms

Dimensions

Ceiling Height: 
Door Height: 
Above Grade Sq Ft:  5,634 sq ft
Below Grade Sq Ft:  0 sq ft
TOTAL Sq Ft:  5,634 sq ft

Construction

Year Built:  1995
Builder: 
Construction Status:  Existing
Construction Style:  Frame
Roof:  Tar/Gravel-Builtup
Exterior–Finish:  Block
Exterior–Accent:  Brick
Foundation:  Concrete
% Basement Finished: 

Utilities

Separate Utilities: 
Primary Heat Source:  Gas
Primary Heat Type:  Forced Air
A/C Type:  Central
Electric Type: 
Electricity Provided By:  Idaho Power
Average Electric: 
Avg Non-Electric Heat: 
Avg Water/Sewer/Gas: 

Use

Current Use:  Restaurant
Prior Use:  Restaurant
Possible Use:  Bar, Hotel/Motel, Restaurant

Lot

Acreage:  1.41 acres
Lot Dimensions: 
Location:  High Visibility, High Traffic, Interstate Exit/Access, Near Public Bus Stop, Near Schools
Topography/Setting:  Corner Lot
Landscaping:  Sprinkler-Auto, Established Lawn, Established Trees
Domestic Water:  City/Public Water
Sewer Type:  City Sewer
Subdivision: 
Parcel: 
Zoning–City:  Commercial General
Zoning–County:  Other/NA

Rent

Monthly Rent: 
Rent Per Square Foot: 
Rent Per SQFT per Year: 
Owner Pays:  Gas, Electric, Insurance, Lawn Care, Property Taxes, Sewer, Snow Removal, Trash Removal, Water
Tenant Pays:  None
Assoc Fee Includes:  None

Financial

Property Tax:  $29,322.00 (2018)
Real Property Tax:  $29,552.00
Personal Property Tax: 
Annual Insurance: 
Cap Rate: 
Other Expenses: 
Effective Age: 
Terms:  Cash, Conventional, Owner Carry
Agent Owned?  No

 

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Disclaimer

This IDX listing is provided courtesy of ReMax Country Real Estate for personal, non-commercial use only. Information is deemed reliable but is not guaranteed to be accurate.