6506 Main St, Bonners Ferry, ID 83805

$1,750,000
5,524
SqFt

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List Price
$1,750,000
Status
ACTIVE
MLS#
25-7356
Style
Commercial Condo
Year Built
1949
Acres
1.81
Living Area
5,524
Region
North (Bonner & Boundary)
Type
Commercial

Property Description

9.19%+ Cap Rate. 280ft of prime highway frontage. Approx 8,240-11,941 Daily passing traffic. 12 unit Lodge. 20 space RV park with full hookups. North Idaho RV Park & Lodge for sale, middle of town walking distance from multiple Grocery Stores and restaurants, gorgeous setting with endless mountains and rivers The Lodge features a recently renovated open lobby with potential for a bar. Recently renovated 12 unit Lodge & 20 RV Full Hook-up sites. 280ft prime highway frontage, 1.85 Acres zoned as commercial in the city limits of Bonners Ferry, ID. 5 of the 12 lodge rooms have kitchenettes, a 1 bedroom 1 bath managers apartment with full kitchen. 2 full RV Showers & Bathrooms for staying guests. Large unfinished basement for possible 2 additional bedrooms and 1 bathroom. Massive unfinished attic. Full laundry & storage facilities. 3 Utility rooms. Potential for vast improvement as you can easily increase revenues with some simple additions: Raise RV and Lodge Rates to meet market: $50k Additional Yearly Revenue In the Lobby you can easily add Coffee Shop/Bakery, Beer and Wine Bar, and Gift shop with another $200k+ Additional Yearly Revenue. Vacant Highway frontage is perfect for a coffee/food trucks tenants $36k Additional Yearly Revenue. Potential to add nearly $300k in additional revenue!!

Additional Information

Taxes
$7,995
Lot Features
Landscaped, Level, Cul-De-Sac
Interior Features
3 Phase Power, Tile/Stone Flooring, High Speed Internet
Basement
Daylight
Heating
Forced Air, Baseboard, Radiant, Stove - Electric, Electric, Natural Gas, Propane
Exterior Features
Lawn, Lighting
Exterior
Exterior
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices Jacklin Real Estate.