600 Cedar, Wallace, ID 83873

Property Description

Blackboard Marketplace located in the historic silver mining town of Wallace, ID is a family-owned business, surrounded by hotels, eclectic shops, museums, dining, and social venues. Perfectly situated in the city center, this iconic property features indoor & outdoor dining (seating for 36 guests in the dining room, 21 patio seating, 28 bookstore seating, and additional mezzanine seating), an open kitchen concept, coffee & bakery, bookstore, clothing store, and additional prime retail space. The second-floor features 10 rental units currently used for commercial office space and additional rooming quarters for employee housing. Sale includes business, assets, and real estate. The multi-level 21,000+ sq ft building is one-of-a-kind. Perfect for a visionary owner to grow and/or implement their own concept while the other revenue streams are flowing, or simply a fantastic real estate investment property with forecasted 2023 revenue of 1.7 million. Included in the sale is a fully turnkey restaurant, with a Beer & Wine License in place. The entire facility is fully staffed with management in place as well. Owner training offered to Buyer if desired. Located in a high-traffic, central downtown location off the I-90 corridor and 2 blocks from the very popular Trail of the Coeur d'Alene's bicycle trail and 15 minutes from two ski resorts. The building includes ~6200 sq ft basement with income potential featuring a direct street access lift. Many unleveraged, unique spaces in the building with huge potential for additional revenue streams. The current business platform was launched 3 years ago after merging into this space after renting in other locations in the town for 5 years. The move to the current space has proven very successful. Strong social media and network marketing in place to support future revenue growth. This is an ideal space to take the existing business concept to the next level.