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1220 Main Ave
Challis, ID 83226

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Property Details


List Price: $2,500,000
Beds: --
Baths: --
Status: Active
SqFt: --
Agency: Hayden Outdoors, LLC

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Description/Comments


Lot Size: 1 acre(s)
Property Type: Commercial
Year Built: --
Notes: 3 businesses packaged together that work beautifully with one another. The Restuarant and Pizzeria were constructed in 2022. The hotel is complete with renovations currently in progress. The way that these three businesses complement each other is unprecedented in this area. Everything is available to operate a turn-key business and live a laid back mountain town existence. Owners will be willing to review serious, reasonable offers. New kitchen equipment throughout the restaurant and the pizzeria. 2 large walk-in coolers. New heat pump in the basement of the restaurant. Full bar as well as another bar area up-stairs. Large stage with hangar doors offering access to the band. Another outdoor sitting area with access to the bar.   Unique opportunity to own 3 businesses in one productive package, located in the rapidly growing mountain town of Challis, Idaho. All 3 entities come together to make for a great combination of income streams. The recently constructed bar and restaurant have an incredibly exciting energy that promotes a high quality and fun atmosphere with a large stage that opens to the outside with insulated hangar doors. Tied to that is one of only a handful of hotels in town which makes for a very convenient tourism-based model to provide food, fun and a place for the out-of-town traffic to stay. To round out this business opportunity, there is also a newly constructed Pizzeria attached to the hotel that has all the modern amenities to functionally serve high quality pizza with limited man power. Challis has a bustling agriculture and tourism-based economy as well as the recent blue collar growth in the form of the large expansion of Thompson Creek Mine's employee base. There are too many improvements to mention with the Pizzeria and the restaurant being brand new construction but the opportunity to own and operate a legitimate legacy business in this beautiful place is evident at every corner. Owners will review serious, reasonable offers. The busy mountain town of Challis continually sees growth in tourism, real estate purchases and now most recently Mine development that is without a doubt going to impact the economy in a positive manner. As we go into the future this business and the real estate associated with it are going to appreciate due to several factors. It is also impossible to talk about business ownership in this community without addressing the fact that one of the largest country music festivals in the country, The Braun Brother's Reunion, has called Challis home for many years. Rooms and reservations or booked a year in advance in anticipation for this event every August. This is an incredible opportunity for all the business owners in the area and the Challis Roadhouse is poised perfectly to take advantage of the thousands of people that flood into town with the hotel accommodations, bar, restaurant, location and the excellent after hours music venue that this business offers. The location and the energy of the Challis Roadhouse make it a hub during the excitement of The Braun Brother's Reunion. Challis is also host to countless recreationalist in the summer, hunters in the fall and fisherman and boaters in the spring. With some long term guests associated with mining activities in the area calling the hotel their home for extended periods of time, while spending money at the bar and grill and the pizzeria.
MlsNumber: 11241479


Listing Provided By: Hayden Outdoors, LLC, original listing
Name: Hayden Outdoors, LLC
Phone: (970) 674-1990
Office Name: Hayden Outdoors Real Estate
Office Phone: (970) 674-1990
Agent Name: Barry Sims
Disclaimer: Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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