350 Washington St

    Montpelier, ID 83254
    • $384,000
    • STATUS: Active
    • ON SITE: 21 days
    • ID#: 1638440
    UPDATED: 42 min ago
    $384,000
    • 0
      BEDS
    • 0.88
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    Fantastic business opportunity in a prime location on the direct route to Jackson Hole WY. Current operation runs at 8.3% CAP rate. Stable commercial income since 2001. 14-plex could be remodeled and used as a hotel/motel, vrbo, hostel, more business locations ect. There are 2 additional buildings in the back a triplex thats fully rented and another building that could be a great office or rental property. New roof and plumbing. Only 25 minutes to Bear Lakes famous North Shore. Square footage figures are provided as a courtesy estimate only and were obtained from the county. Buyer is advised to obtain an independent measurement.

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    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2019-11-14T14:36:12.92. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
    www.redsign.com/homes/100233415

    350 Washington St Montpelier, ID 83254

    • Price: $384,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: 1638440
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.88
    Acres
    1950
    Built
    Neighborhood:
    Bear Lake
    County:
    Bear Lake
    Area:
    Bear Lake
    Property Description
    Fantastic business opportunity in a prime location on the direct route to Jackson Hole WY. Current operation runs at 8.3% CAP rate. Stable commercial income since 2001. 14-plex could be remodeled and used as a hotel/motel, vrbo, hostel, more business locations ect. There are 2 additional buildings in the back a triplex thats fully rented and another building that could be a great office or rental property. New roof and plumbing. Only 25 minutes to Bear Lakes famous North Shore. Square footage figures are provided as a courtesy estimate only and were obtained from the county. Buyer is advised to obtain an independent measurement.
    Exterior Features

    Length In Feet Of Back Of Property 0.0 Length In Feet Of Front Of Property 0.0 Length In Feet Of Side Of Property 0.0

    Property Features

    Business Name Jewell Motel Capitalization Rate 8.30 Commercial Property Type Hotel/Motel Gross Scheduled Income 42000 Lease Terms From 1800-01-01 Lease Terms To 1800-01-01 Net Operating Income 31900 Owner Type Property Owner Possession Funding Sublease From 1800-01-01 Sublease To 1800-01-01 Taxes 3677 Zoning Code Comm

    Listing provided courtesy of Town And Country Realty/Bear Lake. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2019 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2019-11-14T14:36:12.92. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
     
    Keller Williams Westfield Real Estate
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