Are you looking for a unique opportunity to own a piece of history and be your own boss in the terrific state of Idaho? If so, you don't want to miss this chance to buy a full liquor license bar with highway frontage in Oldtown, Idaho. This bar has been in operation for 3/4's of a century and has a loyal customer base with a great reputation. It also has plenty of parking and easy access from the highway, making it a convenient stop for travelers and locals alike. It also comes with a lease agreement to a coffee stand that operates on the same property, giving you an additional source of income and exposure. Whether you want to keep the bar as it is or add your own touch, this is a rare opportunity to own a profitable and historic business in a beautiful area. The seller is willing to consider offering 'owner terms' to qualified buyers.
Remodeled and turn key, this property was converted to a successful restaurant in 2016 with nearly 2500 sf of usable space complimented by a patio garden in the back. All FF&E are included with the property which has been meticulously maintained. The City has allowed its adjacent lot to be used for parking and the buyer may want to make similar arrangements. Oldtown, ID is a crossroads town where Hwy 53, Hwy 41 and Hwy 2 all converge across the Pend Oreille River. It's a growing community that needs more eating establishments. This is the place where you can live your dreams - your own eat - play - live opportunity.
Investment opportunity...For Sale, 5 year old 25,860 square foot building on 3.5 Acres in new retail commercial development in Oldtown, Idaho. Current Tenant with 15 year lease plus options- Tractor Supply Company- Free Standing Single Tenant NNN Lease. Near Super 1 Foods Store, Family Dollar Store and O'Reilly's Auto Parts Store.
Oldtown is located in Idaho. Oldtown, Idaho has a population of 425. Oldtown is more family-centric than the surrounding county with 49.35% of the households containing married families with children. The county average for households married with children is 25.5%.
The median household income in Oldtown, Idaho is $56,250. The median household income for the surrounding county is $55,206 compared to the national median of $69,021. The median age of people living in Oldtown is 35.5 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 21.1 degrees. The average rainfall is approximately 30.2 inches per year, with 59.8 inches of snow per year.
