2506 N 4th Street

    Dalton Gardens, ID 83814
    • $40,000
    • STATUS: Active
    • ON SITE: 144 days
    • ID#: 20190114
    UPDATED: 41 min ago
    $40,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,100
      SQFT
    • $19
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    This successful and popular hookah lounge business is priced to sell with net income averaging approximately 49% of Gross Income. It is one of only 2 hookah lounges within the City of Coeur d'Alene and is a popular site with locals, especially on their featured party night that is hosted on site every other week. The lease is a modified gross lease with utilities averaging approximately $250/month and can be assigned to a new business owner with landlord prior approval. The business recently was approved for a wine and liquor license but alcohol sales have not yet started as of January 2019. The tobacco license is grandfathered in and the current tenant has installed an air filtration HVAC system valued at approximately $15,000 that is included in the sale price together with all the sale price, together with FF&E and inventory. The owner will transition the business to new owner, subject to landlord approval.

    Monthly Payment Calculator



    © 2019 of Selkirk Association of Realtors® MLS. All rights reserved. Listing information courtesy of Selkirk Association of Realtors® MLS. IDX data 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. Data is deemed reliable but is not guaranteed accurate by the Selkirk Association of Realtors. Data last updated 2019-06-26T09:59:22.46.
    www.nwprorealestate.com/homes/91492327

    2506 N 4th Street Dalton Gardens, ID 83814

    • Price: $40,000
    • Status: Active
    • Updated: 41 min ago
    • ID#: 20190114
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,100
    SQFT
    $19
    $/SQFT
    Neighborhood:
    Coeur D'alene
    County:
    Kootenai
    Area:
    Coeur D'alene
    Property Description
    This successful and popular hookah lounge business is priced to sell with net income averaging approximately 49% of Gross Income. It is one of only 2 hookah lounges within the City of Coeur d'Alene and is a popular site with locals, especially on their featured party night that is hosted on site every other week. The lease is a modified gross lease with utilities averaging approximately $250/month and can be assigned to a new business owner with landlord prior approval. The business recently was approved for a wine and liquor license but alcohol sales have not yet started as of January 2019. The tobacco license is grandfathered in and the current tenant has installed an air filtration HVAC system valued at approximately $15,000 that is included in the sale price together with all the sale price, together with FF&E and inventory. The owner will transition the business to new owner, subject to landlord approval.
    Exterior Features

    Exterior Finish Wood Land Characteristics Other-See Remarks Outbuildings See Remarks Parking Off Street Road Access Public Road Road Surface Paved Water Access No

    Interior Features

    Basement See Remarks Fireplace Stoves See Remarks Handicap Features See Remarks Heating Fuel Source ElectricForced Air

    Property Features

    Business For Sale Yes Business Name Paradise Hookah LoungeLlc Business Type Restaurant Communications See Remarks County Seat Coeur Dalene Disclosure See Remarks Electricity On Site Financing CashConventionalSee Remarks For Lease Retail For Lease YN Yes For Sale BusinessInventory In City Limits Yes Inventory Included Yes Lease Amount 1407 Ownership See Remarks Phone On Site Range 4W Reo No Sale Rent For Sale Section 12 Sqft Source Owner Tax Year 2018 Taxes 0 Township 50N Type Business Opportunity Zoning Commercial Zoning Designation Retail

    Listing provided courtesy of Keller Williams Realty.


    © 2019 of Selkirk Association of Realtors® MLS. All rights reserved. Listing information courtesy of Selkirk Association of Realtors® MLS. IDX data 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. Data is deemed reliable but is not guaranteed accurate by the Selkirk Association of Realtors. Data last updated 2019-06-26T09:59:22.46.
     
    Northwest Professional Real Estate
    301 N Union Ave
    Newport WA, 99156