Successful business, restaurant, bar, motel in rural mountain town – $850,0001220 E Main Ave Challis

teakhouse, bar, and hotel; popular with tourists and with the locals. This quaint ranching community of 1,000 people swells with tourism in the spring, summer, and fall. Tourists come to hunt, fish, float the river, drive ATV's on the thousands of trails available. Locals move here because it is like going back in time. This business has an 18 room hotel, TWO apartments you can use them for rental income OR live in one. (1 one-bedroom, 1 two-bedroom)
Well built 11,500 square foot building built in 1965 still maintains the 70's Honky Tonky Vibe. You can run it yourself and eliminate staffing, we have staff that works the business while we have other jobs, but you can be on-site and run it yourself, or you can hire a manager and run it remotely. Annual taxes are only $2,500 annually. Lot is in prime corner location on Main Street and Highway 93. The lot is .730 acres and next to a small City Park. We are located 4 hours south of Missoula and 4 hours from Boise, 2/1/2 hours from popular Sun Valley. We are a rural remote mountain town, a mile high! The nearest Walmart or Costco is 2 1/2 hours south in Idaho Falls. Loan officers and Real Estate agents do not call us. Only interest and serious buyers! Thank you.