620 Main StPayette, ID 83661

For Sale
$525,000

Restaurant/Bar, Huge Potential, 1.1 Acres

Overview

Added:
Feb 3
Days on market:
39
This exceptional 4,763 square foot commercial building located at 620 S Main Street, Payette, ID, presents a unique investment opportunity. Currently configured as a restaurant and bar, its versatility extends far beyond its current use. The expansive 1.1-acre lot offers significant potential for expansion or complementary businesses. Recent improvements include a complete bathroom remodel, ensuring modern amenities for patrons. The fully equipped kitchen is included in the sale, saving significant start-up costs for a new owner. The roof, less than 10 years old, provides peace of mind and reduces immediate maintenance concerns. Adding to the property's income stream is a Lamar billboard situated on the property, generating a consistent $150 monthly rental income. The seller is offering attractive financing options: a 30-year amortized loan at 7% interest with a 20-year balloon payment, requiring a 20% down payment. This presents a compelling opportunity for entrepreneurs seeking a turnkey operation or those with vision for a larger-scale commercial venture in a thriving Payette location. The building's size and location make it ideal for a variety of uses, offering substantial return on investment. Don't miss this chance to acquire a well-maintained, income-producing property with significant upside.

Property Details for 620 Main St

Property type
Other commercial real estate
Square Feet
4,763 SF
Lot Size (sq. ft)
47,916 SF

Location Insight

City
Payette
County
Payette
State
Idaho
Latitude
44.06696
Longitude
-116.933
620 Main St, Payette, Idaho

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620 Main St
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