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4035 N 2300 E 5,860 SF Sports & Entertainment Building Offered at $2,505,676 CAD at a 11.70% Cap Rate in Filer, ID 83328

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INVESTMENT HIGHLIGHTS

  • Executive Golf Course - 9 Hole, Par 27, Largest Driving Range in southern Idaho
  • 32 x 48 insulated shop with 220 V power, 10 ft roll-up door with 3 seperate rooms and 1/2 bath
  • Readers Choice Awards: Best in Family Dining 2023; Best in Bridal Winner for Rehearsal Dinner 2023 and Bridal Shower Venue 2023
  • Clubhouse with full liquor license and commercial kitchen, upper office and basement prep area and storage
  • Best of Idaho Awards: State Wide Winner Golf Course of the Year 2023, 2024, 2025; State Wide Winner Event Center 2024, Central Idaho Live Music Winner
  • Untapped potential in revenue through development of Golf League and Tournament programs and Event Center business.

EXECUTIVE SUMMARY

Pro-forma cap rate listed**
This turn-key property has untapped potential in revenue through development of Golf League and Tournament programs and Event Center business. No financials will be provided — this is a real estate and value-add opportunity. The property has been underutilized and is priced accordingly. ProForma P & L provided. Buyer to perform own due diligence and envision future use.
Real Estate Value estimated at $1,999,000. Owners will consider all offers.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $2,505,676 CAD
Price Per SF $427.59 CAD
Sale Type Investment or Owner User
Cap Rate 11.70%
Sale Condition Business Value Included
Property Type Sports & Entertainment
Property Subtype Golf Course/Driving Range
Building Class C
Lot Size 19.84 AC
Building Size 5,860 SF
No. Stories 3
Year Built 2010
Zoning Rural Commercial

AMENITIES

  • Wheelchair Accessible

ABOUT 4035 N 2300 E , FILER, ID 83328

This 20 acres of prime land is nestled in the heart of Idaho, with existing golf, event, and hospitality infrastructure is a blank canvas for lifestyle buyers or event operators ready to bring their vision to life. Recognized as an Idaho’s Best award winner, this 9-hole, par 27 executive course offers an enjoyable experience for golfers of all levels with a 300 yard driving range, one of the largest driving ranges in the local area. The state-of-the-art irrigation system keeps the well-maintained greens and mature trees healthy and thriving. The panoramic views create a picturesque setting that attracts regulars and new players alike. Events are held in the property's clubhouse, the outdoor patio and expansive green space is ideal for weddings, corporate events, and social gatherings, making it a year-round venue for the community. This location is the only full-liquor facility in the city area. The on-site sports bar provides an additional revenue center where guests can relax and enjoy a meal or a drink while watching the latest game or celebrating a great round. They also have a catering permit to operate an off-site mobile bar that is another revenue center opportunity. The venue has hosted large music festivals and other events and has a special use permit in place with local government to host events of up to 1000 people with evening hours to 10 pm on weeknights and 11 pm on weekends and holidays. This venue has been awarded the following Idaho’s Best and Reader’s Choice Award designations: Best of Idaho Awards: State Wide Winner Golf Course of the Year 2023; State Wide Winner Golf Course of the Year 2024; State Wide Winner Golf Course of the Year 2025; State Wide Winner Event Center of the Year 2024; Central Idaho Winner Live Music Readers Choice Awards: Best Golf Course, 2025; Best Entertainment Venue, 2025; Best in Family Dining 2023; Best in Bridal Winner for Rehearsal Dinner 2023 and Bridal Shower Venue 2023 Property Overview Ideal for: Lifestyle buyers seeking a family-run business or private retreat Wedding and event operators looking for an exclusive venue with indoor/outdoor capabilities Entrepreneurs desiring to create a boutique golf & social club, retreat center, or glamping resort Opportunity Highlights: *20 acres with flexible zoning and flat, usable topography with mature landscaping and irrigation system *Existing golf course can remain or be repositioned (Golf course will need to continue to have access to the state liquor license) *Clubhouse with commercial kitchen + bar — ideal for event hosting *Outdoor event pavilion with natural surroundings *Ample parking, maintenance facility, and infrastructure *Positioned within an underserved regional event market Bring your vision: Whether it's hosting 50 weddings per year, creating an outdoor festival venue, developing a family-friendly lifestyle property, or blending golf and hospitality, this asset offers the right bones — and the right setting. Unlock the potential. Live your passion. Create an experience! No financials will be provided — this is a real estate and value-add opportunity. The property has been underutilized and is priced accordingly. Buyer to perform own due diligence and envision future use.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
RPOF62700200A0A
Land Assessment
$468,110 CAD
Improvements Assessment
$618,153 CAD
Total Assessment
$1,086,263 CAD
  • Listing ID: 34050492

  • Date on Market: 2024-12-02

  • Last Updated:

  • Address: 4035 N 2300 E, Filer, ID 83328

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