725 E Idaho Street, Kalispell
$ 690,000
MLS #21911321
Situated on a PRIME corner with highway frontage, this very profitable, well established Casino which includes a Beer & Wine license, all the Furniture, Equipment, Gaming Machines and Exclusive Players Club List. Casino has an AMAZING 18% cap rate with the business currently netting $125,000+ income a year (125.000 \ 690.000= 18%). Turn key for the new owner to start generating income, which includes 3 sub-leases. Corner has HIGH visibility and a traffic count of over 20,000 cars a day. Business comes with a 20-year existing land lease with the right of 1st refusal on land and building. Owner is willing to carry loan, at a reasonable interest rate, if buyer puts 1/3 down. Training of new owners optional.
Additional Details
- Commercial
- Gross Income: $500,000 - $1 Million
- Parking: Front, Side
- Construction: Block, Wood/Frame
- Flooring: Ceramic floor, Carpet
Features
- 1 Story
- Casino
- Beer/Wine with Gaming License
- Gas Forced Air
- Basement
- 3,051 Sq. Ft.
- 0.52 Acres
- Central cooling