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645 Ace of Diamonds St 3,064 SF of Retail Space Available in Stanley, ID 83278

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HIGHLIGHTS

  • Turn key restaurant
  • Year round access

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 2nd Floor
  • 3,064 SF
  • Negotiable
  • $27.33 CAD/SF/YR $2.28 CAD/SF/MO $83,746 CAD/YR $6,979 CAD/MO
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Turn Key operating restaurant Year round access Residential unit adjacent to restaurant

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Kitchen
  • Private Restrooms
  • Freezer Space
  • Plug & Play
Space Size Term Rental Rate Rent Type
2nd Floor 3,064 SF Negotiable $27.33 CAD/SF/YR $2.28 CAD/SF/MO $83,746 CAD/YR $6,979 CAD/MO Modified Gross

2nd Floor

Size
3,064 SF
Term
Negotiable
Rental Rate
$27.33 CAD/SF/YR $2.28 CAD/SF/MO $83,746 CAD/YR $6,979 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Turn Key operating restaurant Year round access Residential unit adjacent to restaurant

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Kitchen
  • Private Restrooms
  • Freezer Space
  • Plug & Play

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS

Total Space Available 3,064 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 3,064 SF
Year Built/Renovated 1960/2020
Parking Ratio 1.31/1,000 SF
Cross Streets Wall & Niece

ABOUT THE PROPERTY

Papa Brunee’s has been a locally owned family business located in the heart of Stanley, Idaho since 1998. This extremely successful business model is engrained in the fabric of Stanley and a favorite amongst locals and tourists. The business owners of Papa Brunee’s are seeking to either sell or lease the real estate to the purchasers of the business. The property not only includes a spacious dining room, full kitchen, and bar, but also includes an on-site residential unit for employee housing. Papa Brunee’s is thriving and still offers multiple opportunities to achieve additional sales. The business currently offers many menu options including pizzas, sandwiches, salads, and appetizers. It also serves beer and wine. Papa Brunee’s is open for lunch and dinner, depending on the time of year. Exceptional financials are available upon request to any qualified buyer. The current owners are willing to mentor the right buyer(s), however, the current management team is ready and committed to supporting a new owner.

  • Restaurant
  • Listing ID: 32839943

  • Date on Market: 2024-08-16

  • Last Updated:

  • Address: 645 Ace of Diamonds St, Stanley, ID 83278

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