• Broker Patrick Libey 2086692231

153 W Walnut St 2,450 SF Retail Building Genesee, ID 83832 $350,000 ($142.86/SF)

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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!

ATTACHMENTS

153 W Walnut

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

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

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
East Chestnut Street South Fir Street, W 2,000 2022 0.07 mi
East Chestnut Street South Laurel Street, W 1,100 2022 0.14 mi
West Chestnut Street N Elm St, W 1,794 2025 0.16 mi
East Chestnut Street E Oak Ave, SW 965 2025 0.18 mi
West Chestnut Street North Beech Street, E 2,000 2022 0.29 mi
Genesee-Juliaetta Rd E Chestnut St, W 738 2024 0.57 mi
Old Highway 95 North Cedar Street, SW 120 2022 0.61 mi
North Beech Street Marck's Rd, N 72 2025 0.67 mi
North Beech Street Marck's Road, W 410 2022 0.78 mi
Genesee-Juliaetta Rd 146 Rd, W 413 2025 1.01 mi

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

MAP

ADDITIONAL PHOTOS

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  • Listing ID: 34854471

  • Date on Market: 2/17/2025

  • Last Updated: 4/28/2025

  • Address: 153 W Walnut St, Genesee, ID 83832

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