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30440 Old 95 Hwy
Athol, ID 83801

$699,000 USD

Parking Lot For Sale  •  18,295 SF

Property Details

  • Property Type Parking Lot
  • Total Building Size 18,295 SF
  • Lot Size 0.42 AC
  • Building Class C
  • Year Built 2023
  • Zoning COM
30 Walk Score

Description

Stabilized, income producing food truck pavilion offered as land and business. Five of six stalls leased to established operators on annual leases at $1,000 per stall per month, producing $46,106 in place NOI with near term lease up to $58,106 pro forma at the six stall city permitted capacity. Hard corner at Old Highway 95 and Highway 54, directly off the Athol Exit, serving a trade area with limited dining inventory. Purpose built improvements include paved parking with accessible stalls, individually metered electric, on site water, and city approved sanitary facilities. Owner managed with a lean operating expense profile. Minutes from Silverwood Theme Park, Farragut State Park and Lake Pend Oreille.

Highlights

Five of six stalls leased to established operators on annual leases at $1,000 per stall per month
$46,106 NOI in place; $58,106 pro forma at the city permitted six stall capacity
Hard corner at Old Highway 95 and Highway 54, directly off the Athol Exit on US 95
Purpose built: paved parking, individually metered electric, on site water, city approved sanitary facilities
Primary food service destination for a trade area with limited dining inventory
Minutes from Silverwood Theme Park, Farragut State Park and Lake Pend Oreille

Property Flyers

Donnie Murrell 208-758-7539 Berkshire Hathaway Jacklin Real Estate
Donnie Murrell 208-758-7539 Berkshire Hathaway Jacklin Real Estate