201 First St, Idaho Falls, ID Listing Details & Market Data

201 1st street, near Northgate Mile and Epic Auto Sales, currently known as the House of JadeRestaurant space in Idaho Falls for Sale. This property is historic to Idaho Falls since it has been around since the 1970's. The property has been a home to many well known and strong performing restaurants. This includes The Mill, Great Wall Chinese and House of Jade Chinese. Rare 10,221 sqft with just shy of an acre of space. The lot next door is a part of the property. Ample parking and can be used to build another building on as well depending on buyer use. All kitchen appliances and equipment included. The property features kitchen and dining on the main level. 4 hoods in the kitchen. The basement is split between a residential section and a second commercial kitchen. The basement has another hood as well. Property is zoned central commercial. This zoning allows an assortment of commercial use, having multi unit apartments is also permitted in the zoning.Formerly the House of Jade and the Mill Restaurants. This building is a buffet style restaurant space. It has a main level and basement space. Can be leased together or separately. The main level includes a fully functional kitchen with hoods and vents. Walk-in freezers and refrigerators. Plenty of dining space and two restrooms. Landlord is open to converting the space into a different use other than a restaurant. But would require a longer lease and tenant improvements negotiation. This space is leased at $11/sqft. 5,221 sqft. NNN Lease. The Basement space includes a large commercial kitchen with hoods and vents as well. May be suitable for a bar or lounging room. The basement lease price is negotiable. Currently basement is split into two tenant spaces. 2600 sqft kitchen space, and another 2100 sqft flex space. Kitchen space could be suitable for a catering service that does not require dining space as well. The basement can be a build to suite option, Landlord is flexible on the space utilization. Total sqft 4700. NNN Lease Ample Parking for each tenant space. Gas Heat and Central AC