ID 26 N Hwy 20 ASHTON
Commercial Sale
$ 975,000.00
- Days on Market: 1
- Status: Active
- Type: Business w/Real Estate
- Apx Acreage: 0.386
- Area: 1332 sq ft
- Year built: 1965
- Floors: 1
- Heat Source/Type: Electric,Propane
- Air Conditioning: Evaporative Cooler
- Abv Grade SqFt: 1332
- Basement: None
Description
Own the historic Frostop Drive-In! This profitable business is a rare opportunity that offers immediate income at one of the most valuable locations in Ashton! Located on US Hwy 20, the giant Frostop root beer mug has been an iconic landmark for travelers going to and from Island Park and West Yellowstone since 1965. The building was renovated last year with a new roof, and the exterior and dining room updated with a classic 1960’s appeal. Frostop is a local favorite with delicious American comfort foodâlike burgers, fish, and chicken basketsâplus a full menu of ice cream, milkshakes, and malts! This summer, the Idaho Transportation Department will install a traffic light on the corner of Ashton Main Street and Hwy 20, making it even easier for travelers to stop and eat. The current owners have run Frostop since 2007 and have built it into the successful business it is today. Frostop is an integral part of Ashtonâboth from local support and its sponsorship of community and charity events. As North Fremont grows in population and development, this will continue to be a prime location and an irreplaceable investment. Contact the listing agent to schedule a showing and see this golden opportunity for yourself.
View on map / Neighborhood
- County: Fremont
- Subdivision: ASHTON-FRE
Taxes and Fees
- Taxes: 2650.00
- Tax Year: 2021
- Assoc Fee $: 0.00
- Association Fee Includes: None
Additional Details
- Construction/Status: Block
- Avg Heat $/Mo: 62.50
- Distressed Property: Not Applicable
- Sub Area: ASHTON
- Location: High Traffic,Other-See Remarks,Near Schools,Interstate Exit/Access
- Landscaping: Concrete Curbing,Outdoor Lighting
- Water: Public
- Depth: 132
- Flood Plain: N
- Provider/Other Info: 220 Volt,Breaker,Rocky Mountain Power,Overhead
- Frontage: 128
- Original List Price: 975000
- Possible Use: Bar,Restaurant,Retail,Service Business,Office
- Sewer: Public Sewer
- Business Name: Frost Top
- Roof: Membrane
- Current Use: Restaurant
- Door Height: 7
- Sep Utilities: 1
- # Offices/Unit(s): 1
- # Buildings: Cable TV,Trash Collection,Grounds Care,Water,Gas,Taxes,Electricity,Sewer,Other,Insurance,Snow Removal 1
- Parking: Parking Lot,Off Street
- Inclusions: Please Contact Listing Agent.
- Foundation: Concrete Perimeter,Slab
- # Restrooms: 2
- # Off Street Parking: 21
- Ceiling Height: 8
- Avg Gas $/Mo: 0.00
- Actual Annual Gross Income: 800000.00
- Exterior-Secondary: Brick
- Net Operating Income: 120000.00
- Extras: Fire Supression,Handicap Access,Restrooms,High Traffic Location,Network Wiring,High Visibility,Other-See Remarks,Highway Access
- Exterior-Primary: Block
- Effective Age: 57
- Handicap Access: 1
- CAP Rate: 0.13
- Tenant Pays: None
- Prior Use: Restaurant
- Avg Heat $/Mo: 62.50
- Avg Electric $/Mo: 950.00
Features
- MLS #: 2142877
- Zoning-Specific: FREMONT-B4-HIGHWAY BUSINESS
- Zoning-General: FR-B4-HWY BUSINESS
- Terms: Cash,Conventional,1031 Exchange
- Courtesy of: Silvercreek Realty Group
Video
- Post Updated: 2022-03-24 01:21:26
This Business w/Real Estate property is located in Ashton, in Fremont county, is currently Commercial Sale property, and has been listed on Southeast Idaho Real Estate. This property is listed at $ 975,000.00. It has , , and is 1332 sq ft. The property was built in the year 1965. Contact Dustin Hawkins at Idaho Agents Real Estate for more info. Local East Idaho real estate experts.
Schedule a Virtual Tour!
