Boise, Idaho, is an attractive location for investors seeking to purchase a restaurant, with 8 listings available. Restaurants in Boise offer a unique investment opportunity, providing a chance to capitalize on the city's growing population and economy. As a hub for technology, healthcare, agriculture, and outdoor recreation, Boise attracts a diverse range of customers, from young professionals to families and tourists. The city's amenities, including St. Luke's Hospital, Julia Davis Park, and the Boise River Greenbelt, make it an ideal location for restaurants to thrive. Additionally, Boise's proximity to the Boise Foothills and the Bogus Basin ski area provides opportunities for restaurants to cater to outdoor enthusiasts. With its strong economy and high quality of life, Boise is an excellent choice for restaurant investors.
Boise's restaurant scene is complemented by its diverse neighborhoods, each with its own unique character. From the cultural attractions of Downtown Boise to the quiet neighborhoods of the North End, there are numerous opportunities for restaurants to establish themselves. The city's other property types, including Apartment Buildings, Shopping Centers, Specialty Properties, and Hotels, also offer investment opportunities. Apartment Buildings in Boise provide a chance to capitalize on the city's growing population, while Shopping Centers offer a platform for retailers to reach a diverse customer base. Specialty Properties, such as office buildings and warehouses, cater to the city's thriving business community, and Hotels provide accommodation for tourists and business travelers. With its diverse range of property types and investment opportunities, Boise is an attractive location for investors.
What is the average cost per square foot for a restaurant in Boise?
The average cost per square foot for a restaurant in Boise is $528 USD per square feet, with an average size of 6,403 square feet and a largest size of 21,432 square feet, among the 8 available listings of restaurants for sale in the area.
What factors determine the value of a restaurant for sale in Boise?
The value of a restaurant for sale in Boise is determined by a combination of factors, including:
- Location, with proximity to popular attractions, high-traffic areas, and desirable neighborhoods like Downtown Boise, the North End, and Boise Highlands influencing property value;
- Size and layout, with the average restaurant size in Boise being 6,403 square feet, and larger restaurants like 21,432 square feet commanding higher prices;
- Financial performance, including the restaurant's average annual sales, profit margins, and cap rate, with a current average cap rate of 5.64%.
