2506 N 4th St
Coeur d'Alene, ID 83814

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 t

Details

MLS#19-974
Sub-TypeResale
StatusActive
Days On Site53

Features

Story(s)1

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Area Information

StateID
CountyKootenai
CityCoeur d'Alene
Zip Code83814
Area01 - CdA Urban/Dalton
Listing VS Median (in 83814)
Price:
$57,000
low | high
Med:
$389,000
100% of Average
On Site:
53
low | high
Med:
172
30.813953488372% of Average
Listing Updated: 03/24/2019
MLS Number: 19-974
Listing Provided By:
Lisa E Holder  of  Keller Williams Realty- Sandpoint

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