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25447928
25447930

477100 US-95, Ponderay, ID 83852

AH
ID SP58753
Berkshire Hathaway HomeServices Jacklin Real Estate
Listed by Berkshire Hathaway HomeServices Jacklin Real Estate
$300,000
315 days on market
Updated 9 days ago

Flavors of Phoenicia

Details
APN RPP00000039995A
Property Type Business for Sale
Sub Type Business Only
Net Rentable (SqFt) 1,259
Units 1
NOI $210,000
Tenancy Single
Lease Type Gross
Lease Term 3
Lease Expiration 09/01/2027
Remaining Term 2
Rent Bumps Yes
Lease Options 3+1
Pro-Forma NOI $280,000
Class C
Year Built 2014
Year Renovated 2024
Buildings 1
Stories 1
Lot Size (SqFt) 1,927
Zoning Commercial
Investment Type Owner/User
Lease Commencement 09/01/2024
Ground Lease No
Ownership Business

Business for Sale, Restaurant for sale, Restaurant, Cash flowing business, Cash flowing restaurant

Marketing description

Well-established Restaurant with High exposure US HWY 95 Frontage! ITD's traffic data shows 16,669-19,642 daily passing traffic count in 2025.

In the process of getting a Beer & Wine License.

Flavors of Phoenicia is a well-established, highly rated Mediterranean/Lebanese restaurant located in the rapidly growing Ponderay/Sandpoint area of North Idaho. With consistent sales, a strong customer base, and a 4.8/5 rating, this turnkey business is ideally positioned for new ownership at a time of exciting local economic expansion. The restaurant will also be featured in the Schweitzer Mountain Properties (SMP) development magazine and online at its one-year anniversary - providing powerful brand exposure to the Schweitzer-area community and investors. - Solid financials with real profit and optimized cost structure - High 4.8/5 star rating across Google, Yelp, and delivery apps - Owner willing to stay on for 2 weeks of hands-on training

- Transferable lease in a prime location with included equipment

- Unique cuisine with limited local competition

Major Local Developments Enhancing Value:

- Amazon warehouse project bringing ~150 jobs

- Schweitzer Mountain Resort expansion (new lifts, trails, ski village)

- $70M City Beach hotel redevelopment breaking ground 2025

- Significant new housing and mixed-use developments underway

- Improved public infrastructure, roads, and bike/pedestrian access

Investment highlights

Well-established Restaurant with High exposure US HWY 95 Frontage! ITD's traffic data shows 16,669-19,642 daily passing traffic count in 2025.

In the process of getting a Beer & Wine License.

- Transferable lease in a prime location with included equipment

- Unique cuisine with limited local competition

Major Local Developments Enhancing Value:

- Amazon warehouse project bringing ~150 jobs

- Schweitzer Mountain Resort expansion (new lifts, trails, ski village)

- $70M City Beach hotel redevelopment breaking ground 2025

- Significant new housing and mixed-use developments underway

- Improved public infrastructure, roads, and bike/pedestrian access

Listing Contacts

AH
ID SP58753
Berkshire Hathaway HomeServices Jacklin Real Estate
Listed by Berkshire Hathaway HomeServices Jacklin Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$210,000.00
$17,500.00/mo

Valuation Metrics

0
DSCR
70%
Cap Rate
70%
ROI

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Additional Information

Name
Andrew Hobbs
License
SP58753
Brokerage
Berkshire hathaway Jacklin Real estate
Brokerage Phone
2083043233
Brokerage Address
1927 West Riverstone Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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