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1228 W Oakland Ave 3,500 SF Retail Building Boise, ID 83706 $2,676,180 CAD ($764.62 CAD/SF)
Investment Highlights
- Link to Download Offering Memorandum: https://www.pcplistings.com/listings/1228soakland/
- Owner-user bar restaurant | 3,500 SF
- Liquor license included
- Turnkey hospitality asset in a high-traffic university district
- Occupancy limit: 167
- 40 parking spaces
Executive Summary
CBRE, Inc. has been retained as the exclusive advisor to present this premier owner-user bar and restaurant property for sale.
This fully equipped 3,500 sq. ft. turnkey hospitality asset, positioned in a high-traffic university district, features a custom-built bar, premium draft beer system, and occupancy or up to 167 guests. A highly valuable Boise City liquor license conveys with the property. Comparable licenses have recently traded in the ~$300,000 range, offering immediate operational capability and a significantly reduced time to market.
With 40 on-site surface parking spaces, modern infrastructure, and 1,600 SF of additional basement space, this property represents an exceptional opportunity for owner-operators, hospitality entrepreneurs, and creative restaurant investors investors seeking a high-visibility location without the long-term constraints of leasing.
Strategically situated to capture strong student, faculty, neighborhood, and event-driven traffic, this second-generation restaurant space is ideally suited for a sports bar, taproom, pub, cocktail lounge, gastropub, or full-service restaurant. This is a rare chance to secure a turnkey bar/restaurant property in a thriving university retail corridor with substantial long-term growth potential.
This fully equipped 3,500 sq. ft. turnkey hospitality asset, positioned in a high-traffic university district, features a custom-built bar, premium draft beer system, and occupancy or up to 167 guests. A highly valuable Boise City liquor license conveys with the property. Comparable licenses have recently traded in the ~$300,000 range, offering immediate operational capability and a significantly reduced time to market.
With 40 on-site surface parking spaces, modern infrastructure, and 1,600 SF of additional basement space, this property represents an exceptional opportunity for owner-operators, hospitality entrepreneurs, and creative restaurant investors investors seeking a high-visibility location without the long-term constraints of leasing.
Strategically situated to capture strong student, faculty, neighborhood, and event-driven traffic, this second-generation restaurant space is ideally suited for a sports bar, taproom, pub, cocktail lounge, gastropub, or full-service restaurant. This is a rare chance to secure a turnkey bar/restaurant property in a thriving university retail corridor with substantial long-term growth potential.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
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| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
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| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
3,500 SF
Building Class
C
Year Built
1957
Price
$2,676,180 CAD
Price Per SF
$764.62 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.35 AC
Zoning
MX-1 - Mixed Use
Parking
40 Spaces (11.43 Spaces per 1,000 SF Leased)
Frontage
241’ on Boise Ave
Amenities
- Corner Lot
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R8048010195 | Improvements Assessment | $0 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Total Assessment | $922,170 CAD (2025) |
Property Taxes
Parcel Number
R8048010195
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$922,170 CAD (2025)
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1228 W Oakland Ave
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