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153 W Walnut St 2,450 SF Retail Building Genesee, ID 83832 $350,000 ($142.86/SF)
INVESTMENT HIGHLIGHTS
- Central location
- Exposed brick walls
- Local favorite
EXECUTIVE SUMMARY
A cornerstone of the Genesee community for over 50 years, this 2,450-square-foot commercial building is home to the beloved Brass Lantern—the flagship restaurant and bar in town. With a classic brick exterior and thoughtfully renovated interior, this property blends timeless charm with modern updates, making it an excellent investment for an entrepreneur looking to owner-operate or an investor seeking to collect passive rental income. Situated in the heart of downtown Genesee, Idaho this prime location is easily accessible to the entire Palouse region, including nearby University of Idaho, Washington State University, and Lewiston. Its rich history ensures steady traffic and strong community support. Whether you're an aspiring restaurateur looking to step into a successful operation or an investor seeking a high-demand commercial space, this property presents a rare opportunity in a growing, close-knit community. Don't miss your chance to own a piece of Genesee's history and future!
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,450 SF
Building Class
B
Year Built/Renovated
1898/2007
Price
$350,000
Price Per SF
$142.86
Building Height
1 Story
Building FAR
0.51
Lot Size
0.11 AC
Frontage
35’ on West Walnut
PROPERTY TAXES
| Parcel Number | RPG1300020005BA | Total Assessment | $76,500 (2024) |
| Land Assessment | $32,000 (2024) | Annual Taxes | ($2,450) (($1.00)/SF) |
| Improvements Assessment | $44,500 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
RPG1300020005BA
Land Assessment
$32,000 (2024)
Improvements Assessment
$44,500 (2024)
Total Assessment
$76,500 (2024)
Annual Taxes
($2,450) (($1.00)/SF)
Tax Year
2025
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153 W Walnut St
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