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135 S Hwy 91 Downey, ID 83234
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Key Details
Sold Price $485,000
Property Type Commercial
Sub Type Business w/Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $240
MLS Listing ID 2132558
Sold Date 12/09/21
Construction Status Block
Annual Tax Amount $4,063
Tax Year 2019
Lot Size 2.000 Acres
Acres 2.0
Property Sub-Type Business w/Real Estate
Property Description
Fantastic opportunity to own and operate a thriving business in Downey, Idaho. Completely a Turn Key operation starting on day 1. All of the store inventory is included. Fuel is supplied by the Sinclair Oil Corporation. The Mart Convenience Store serves as the towns grocery store, Hot Food and Grill and your 1 stop shopping for nearly anything you need. There is also an ATM machine that brings in around $6,000/Year. The store just installed LED lighting and the parking lot was just chipped and oiled for a fresh new look. The current contract with the Sinclair Corporation is in effect for approximately 5 more years. The fuel storage tanks are underground. There is an opportunity for expansion as the state of Idaho would like them to open a liquor store as well. This is smartly located in the heart of Downey with lots of parking and perfect road frontage on Highway 91. Sales have exceeded well over a million dollars for several years. Well qualified buyers only. Profit and loss will be provided with an accepted offer as part of the buyers due diligence.
Location
State ID
County Bannock
Area Bannock
Rooms
Basement None
Interior
Heating Oil, Forced Air
Cooling Window/Wall Freon
Exterior
Exterior Feature Block
Roof Type Membrane
Building
Sewer Public Sewer
Water Public
Structure Type Other-See Remarks
Construction Status Block
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Not Applicable
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Bought with Idahoan Realty