319 W Magic Rd - Hospitality FOR SALE


West Magic, ID 83352
$895,000 USD
208-622-3400
319 W Magic Rd, West Magic, ID for Sale
$895,000 USD
Hospitality - FOR SALE
1/52
null | Request Cap Rate

319 W Magic Rd
West Magic, ID 83352


HIGHLIGHTS

  • Quiet, year around access, almost 10,000 under roof, instant housing and income from storage, cannot be replaced for the price

OVERVIEW

Instant Housing and income available. An opportunity to own you own business and fish every day. Turn key Lodge with restaurant, bar, store and living quarters. 5 room motel, 8 unit RV park with power and water to each hookup, multiple out buildings, shops and garages. Pond, open space, sun room, a quiet place to live and have a little business, easy drive to the Valley. This property is perfect for a construction or landscaping company that need immediate housing and storage for equipment and materials, or corporate retreat, multigenerational retreat, event center, mini storage development or? The owners have not opened the property to the public for 15 years and have been using it as their own private retreat in their retirement years, so the property is in great to excellent condition, move in ready. The adjacent property is a 3 bedroom 2 bath modular home, with a Mackinaw Island Hotel type of front porch, that has never been lived in, can also be purchased with this property for $395,000, which would make this a 6 acre holding. At this price point, it is impossible to reproduce. Give me a call for your personal tour.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$414 USD /SF

# OF ROOMS

5

PRICE/ROOM

$179,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westshore Lodge

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Self Storage, Religious Facility, Trailer/Camper Park

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1980

PARKING SPACES

14

LAND DETAILS

LAND ACRES

8 AC

LAND SF

348,480 SF

ZONING

Commercial

APN/PARCEL ID

O100250000014AT

ASK ABOUT THIS PROPERTY

Jim KuehnColdwell Banker Distinctive PropertiesMore Info
208-622-3400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jim KuehnColdwell Banker Distinctive PropertiesMore Info
208-622-3400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.