515 S Challis Street is a $3,499,000, 5,126 square foot home on a 0.52 acre lot located in Salmon, ID.
Making its debut on the market, we 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). This business is nestled in the sought-after tourist destination of Salmon, Idaho, which is situated amidst the awe-inspiring allure of The Salmon River aka: The River of No Return and The Frank Church Wilderness, offering endless outdoor activities including hunting, fishing, white water rafting, and hiking.
| Above Grade Sqft | 5,126 |
| Basement | None |
| Interior Features | Owner Pays (Income) - Cable TV |
| Cooling Types | None |
| Heating Types | Electric Forced Air |
| Exterior Features | Provider and Other Info - Idaho Power Owner Pays (Income) - Insurance Owner Pays (Income) - Snow Removal |
| Construction Types | Exterior - Primary - Log Siding Exterior - Primary - Slate Frame Existing-Fully Updated |
| Water Source | Public Owner Pays (Income) - Water |
| Sewer | Owner Pays (Income) - Sewer |
| Property Type | Family-Less Than 1/2 Acre |
| Property Sub Type | Business with Real Estate |
| Style | Current Use - Retail Current Use - Service Business |
| Year Built | 1965 |
| Taxes | $5,357.00 |
| County | lemhi |
Based on information from the Snake River MLS, last updated 09/01/2024 at 11:46am MDT. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.
