155 Neider AveCoeur d'Alene, ID 83815

For Sale
$349,000

Profitable Turnkey Restaurant, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
93
This established Coeur d'Alene restaurant, Giorgi's, presents a lucrative turnkey opportunity. Located at 155 W Neider Ave, in a high-traffic shopping center alongside Chase Bank, Home Depot, Tractor Supply, and Safeway with Starbucks, this breakfast and lunch eatery boasts a strong regional reputation. The 2,769 square foot space, built in 1996 and renovated in 2020, features both indoor and outdoor seating, a fully equipped kitchen, and ample parking (30 spaces) on a 0.8-acre lot. The current lease, a NNN single-tenancy agreement, runs until May 31, 2025, with a five-year renewal option extending to 2030. The asking price is $349,000 ($126.04/sq ft). This Class B property is zoned C01. The business operates profitably even without owner presence, and key staff are interested in remaining. Significant growth potential exists by extending operating hours (currently 6 am - 2 pm), utilizing the drive-thru window, and expanding carryout/delivery services. Seller financing may be available with negotiable terms. Detailed equipment and lease information are available upon request. This is a rare chance to acquire a well-established, profitable restaurant with a strong brand presence and significant upside.

Highlights

  • Established Coeur d'Alene restaurant for sale, turnkey operation.
  • Located in high-traffic shopping center with national tenants.
  • 2,769 SF building on 0.8-acre lot with 30 parking spaces; indoor/outdoor seating.
  • NNN lease through 5/31/2025, with 5-year renewal option; $349,000 asking price ($126.04/SF).
  • Seller financing may be available.

Property Details for 155 Neider Ave

Property type
Investment properties, Other commercial real estate
Square Feet
2,769 SF
Class
B
Year Built/Renovated
1996/2020
Buildings
1
Stories
1
Lot Size (sq. ft)
34,848 SF
Units
1

Location Insight

City
Coeur d'Alene
County
Kootenai
State
Idaho
Latitude
47.707328660672
Longitude
-116.7900153292
155 Neider Ave, Coeur d'Alene, Idaho

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155 Neider Ave
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