515 S Challis St Salmon, ID $ 3,499,000
515 S Challis St
$ 3,499,000
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515 S Challis St

Salmon, ID, 83467
$ 3,499,000
Baths0.0 Sq 5,126

Monthly Estimate*

$ 24,442

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View a Virtual Tour
Studio

Commercial Property for sale in Salmon, ID

for $3,499,000. This 5,126 square foot building was built on a lot size of 0.52.

Marking its debut on the market, The Von Sues Group on behalf of the owners are delighted to present an exceptional investment opportunity: the acquisition of 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 unprecedented opportunity in Salmon, Idaho offers the new owners the chance to become an integral part of this thriving community. This extraordinary opportunity includes four LOB's (Fuel Pumps, C-Store, Sporting Goods store and two Apartments).

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Commercial Active

Price

$ 3,499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.52

Town/City

Salmon

County/Region

Lemhi

MLS | Web ID

98897159

Features
General
Heating Electric
Cooling None
Utilities Sewer Connected
Roof Flat
Construction Materials Frame
Year Built 0
Electric 220 Volts
Business Type Business Opportunity
Building Name Exxon Fuel Station / C-Store / 93 Outdoor Sports / Two Apartments
County Lemhi
New Construction N
Property Type Commercial Sale
HOA / Comm Assn N
Attached Garage N
Possible Use Retail Suitable(Free Standing Building Service/Gas Station Street Retail)
Garage Y/N N
Status Active
Directions Coming into Salmon from the South or North on HWY 28 head South on HWY 93/ S. Challis St. to HWY 93/515 S Challis St. It is on the right across from Valley Wide. (Financial and all other documents
City Salmon
Buyer Agent Compensation 1
Senior Community Y/N N
Zoning Description Commercial
MLS Area Lemhi County - 2010
Lot Size Square Feet 22651.2
Waterfront Y/N N
Carport Y/N N
Street Name Challis St
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Virtual Tour https://realestate.daydreamphotography.com/515-S-Challis-St-2
Building Area Units Square Feet
Cap Rate 7.49
Buyer Agent Compensation Type %
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Interior
Flooring Concrete
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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Exterior
Lot Features 1/2 - .99 Acre
Water Source City Service
Lot Size Area 0.52
Spa N
Building Area Total 5126
Lot Size Acres 0.52
Lot Size Units Acres
Open Parking Y/N N
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Internal Only
Street Number 1 515
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* Excluded Features
List By
Timothy Sues

Listing Agent

The Von Sues Group

Broker

tim@thevonsuesgroupidaho.com

Email

Affordability Calculator

$24,442
Per Month
100%
0%
0%
Monthly Principal & Interest
$24,442
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
397929 Elementary School
397955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/23/2023$3,499,000 Listed Price

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515 S Challis St, Salmon, ID, 83467 is a Commercial Property for sale at $3,499,000 with 5,126 sqft and a lot size of 0.52. 515 S Challis St is a studio with 0.0 baths. The property's zip code is 83467 which is in Salmon, ID