63 S 1st East  Lava Hot Springs, Idaho

$1,290,000   •   9,477 sq. ft.   •   0.13 acres
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MLS #567504

Asking Price
$1,290,000
Status
ACTIVE
Location
Lava Hot Springs
Type
Business w/Real Estate
Offices
2
Restrooms
10
Parking
5 spaces
Floor Area
9,477 sq ft
Acreage
0.13 acres
Days on Market
7 Days

 

Property Description

Now is your chance to own an operating apartment hotel in the heart of Lava Hot Springs, Idaho! This established business features over 9477 sq ft with 10 guest rooms: 3 two bedroom and 5 one bedroom (w/living rooms, kitchens and private bathrooms), 1 studio apartment (w/kitchen and private bathroom) and 1 room. And a basement ready for your personal touch! Perfect for an owner/occupied situation. Financials are available to prospective buyers. Shown by appt only. Call listing agent/owner to schedule your tour today!

Property Exclusions

See Exhibit C

 

Property Features

Improvements

# of Buildings:  1
# of Stories:  2
# of Offices:  2
# of Restrooms:  10
# of Parking Spaces:  5
Overhead Doors:  Yes
# of Overhead Doors:  1
Extras:  Other

Dimensions

Ceiling Height: 
Door Height: 
Above Grade Sq Ft:  6,318 sq ft
Below Grade Sq Ft:  3,159 sq ft
TOTAL Sq Ft:  9,477 sq ft

Construction

Year Built:  1920
Builder: 
Construction Status:  Existing
Construction Style: 
Roof: 
Exterior–Finish:  Brick
Exterior–Accent: 
Foundation:  Concrete
% Basement Finished: 

Utilities

Separate Utilities:  Yes
Primary Heat Source:  Electric
Primary Heat Type:  Other
A/C Type:  Window/Wall Freon
Electric Type:  Breaker
Electricity Provided By:  Rocky Mountain Power
Average Electric: 
Avg Non-Electric Heat: 
Avg Water/Sewer/Gas: 

Use

Current Use:  Hotel/Motel, Office, Retail
Prior Use:  Hotel/Motel, Office, Retail, Service Business
Possible Use:  Hotel/Motel, Office, Retail, Service Business, Other

Lot

Acreage:  0.13 acres
Lot Dimensions: 
Location:  High Visibility, High Traffic
Topography/Setting: 
Landscaping:  Established Trees, Other
Domestic Water:  City/Public Water
Sewer Type:  City Sewer
Subdivision: 
Parcel:  RPRLTHC007401
Zoning–City:  Commercial General
Zoning–County:  Other/NA

Rent

Monthly Rent: 
Rent Per Square Foot: 
Rent Per SQFT per Year: 
Owner Pays: 
Tenant Pays: 
Assoc Fee Includes: 

Financial

Property Tax:  $3,110.00 (2020)
Real Property Tax:  $3,110.00
Personal Property Tax: 
Annual Insurance: 
Cap Rate: 
Other Expenses: 
Effective Age: 
Terms:  Cash, Conventional
Agent Owned?  Yes

 

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Disclaimer

This IDX listing is provided courtesy of Better Homes and Gardens RE -Voigt Davis for personal, non-commercial use only. Information is deemed reliable but is not guaranteed to be accurate.