515 S Challis Street, Salmon, ID

$3,499,000

Previous Next

0.52

Acres

About 515 S Challis Street

First time one the market, an exceptional investment opportunity: The EXXON Station, C-Store, and 93 Outdoor Sports in Salmon, ID, This family-owned and operated business, established in the mid-1960s, has become a thriving cornerstone of the community. The unencumbered and well managed asset provides a truly seamless transition to new ownership, with all inventory and assets included (With an offer accepted by sellers.) Notably, investors can anticipate an approximate 7.49% cash-on-cash return, reflecting the strong financial performance of this turnkey operation. This extraordinary opportunity includes four LOB's (Fuel Pumps, C-Store, Sporting Goods store and two Apartments) This business is nestled in the sought-after tourist destination of Salmon, Idaho, which is situated amidst the awe-inspiring allure of The Salmon River aka: The River of No Return and The Frank Church Wilderness, offering endless outdoor activities including hunting, fishing, white water rafting, and hiking.

Features of 515 S Challis Street

MLS® # 20500515
Price $3,499,000
Bathrooms 0.00
Acres 0.52
Year Built 1960
Type Commercial Sale
Sub-Type Business
Status Active

Community Information

Address 515 S Challis Street
Subdivision Shoup
City Salmon
County County in State of Idaho
State ID
Zip Code 83467

Amenities

Utilities City Sewer, City Water, Electricity Connected, Propane
Garages Other
Is Waterfront No
Has Pool No

Interior

Heating Electric, Propane
Fireplace No
# of Stories 1
Stories 1

Exterior

Roof Flat
Construction Frame, Wood, Log
Foundation Slab

Financial Information

Tax Unexempt $5,357

Additional Information

Zoning Commercial

Listing Details

AgentTimothy Sues
OfficeThe Von Sues Group
Contact Info817-832-3732

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?