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Specialty Real Estate
1031 North Main Street Meridian, ID 83642
Details & Description
Price: $150,000
    Holding strong during Covid-19! Divine Wine Cork & Fork is a true gem located on Main Street in the heart of Idaho’s fastest growing community, Meridian, ID. Over the last four years, this restaurant has become a Cheer’s-like customer favorite with exceptional on-line reviews. The restaurant boasts a full dinner menu of American classics such as seared scallops, crab cakes, filet mignon, lobster, specialty salads, luscious desserts and, of course, an elegant selection of hand-chosen wines. The kitchen is currently running at 27-30% food cost.The restaurant is 2,500 SF with an additional 400 SF upstairs for gatherings and enjoying cigars. Features an attractive warm décor with intimate indoor dining, bar seating and an expansive patio surrounded by finely manicured landscaping and shaded by a 150 year old black oak tree. The property has plenty of private parking as well as on street parking. Current ownership hosts live music three times a week on the patio (80+ seating capacity) in the summer and indoors (seating for 60) during the winter months.This is a prime opportunity for an experienced restaurant operator to step in and continue to build on the excellent reputation that this business has earned.The purchase price includes all recipes, some equipment, website, training period and non-compete agreement.Purchase does not include wine in stock. (negotiable)Business owner is willing to carry with $30,000 down at 8% for 48 months ($2,685/month).Property owner is open to offers.Lease in place is $2,967/month. CAMs are $187.43PRICED TO SELL!!! Owner needs to take care of his mother in Seattle.
    Property Highlights
    Additional Photos
    Listing Agents
    Chris Novak
    KW Commercial
    O: 208-869-4713
    cnovak14@yahoo.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1031 North Main Street

    Meridian, ID 83642

    Listing ID: 271413
    • 1031 North Main Street Meridian, ID 83642 | for Sale | Photo 1
    • 1031 North Main Street Meridian, ID 83642 | for Sale | Photo 2
    • 1031 North Main Street Meridian, ID 83642 | for Sale | Photo 3
    • 1031 North Main Street Meridian, ID 83642 | for Sale | Photo 4
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    Building Size: 2,900 SF
    Lot Size: 0.280 AC
    Land Size: 12,196 SF
    Building $/SF: $51.72
    Land $/SF: $12.30
    Price
    $150,000
    Property Highlights
    Profitable $5,000-$8,000month profit.
    Well established with fantastic reviews.
    Great central location.
    Low food costs.
    Ample parking.
    Description

    Holding strong during Covid-19! Divine Wine Cork & Fork is a true gem located on Main Street in the heart of Idaho’s fastest growing community, Meridian, ID. Over the last four years, this restaurant has become a Cheer’s-like customer favorite with exceptional on-line reviews. The restaurant boasts a full dinner menu of American classics such as seared scallops, crab cakes, filet mignon, lobster, specialty salads, luscious desserts and, of course, an elegant selection of hand-chosen wines. The kitchen is currently running at 27-30% food cost.

    The restaurant is 2,500 SF with an additional 400 SF upstairs for gatherings and enjoying cigars. Features an attractive warm décor with intimate indoor dining, bar seating and an expansive patio surrounded by finely manicured landscaping and shaded by a 150 year old black oak tree. The property has plenty of private parking as well as on street parking. Current ownership hosts live music three times a week on the patio (80+ seating capacity) in the summer and indoors (seating for 60) during the winter months.

    This is a prime opportunity for an experienced restaurant operator to step in and continue to build on the excellent reputation that this business has earned.

    The purchase price includes all recipes, some equipment, website, training period and non-compete agreement.

    Purchase does not include wine in stock. (negotiable)

    Business owner is willing to carry with $30,000 down at 8% for 48 months ($2,685/month).

    Property owner is open to offers.

    Lease in place is $2,967/month. CAMs are $187.43

    PRICED TO SELL!!! Owner needs to take care of his mother in Seattle.

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    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Meridian Area Market Trends

    Listing Demographics for 1031 North Main Street Meridian, ID 83642

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 1031 North Main Street in Meridian?
    The asking price for 1031 North Main Street is $150,000
    What is the building size of this Specialty property in Meridian, ID?
    The size of the building/unit at 1031 North Main Street in Meridian is 2,900 square feet
    How much land does the Meridian, ID property at 1031 North Main Street include?
    1031 North Main Street in Meridian includes 0.280 acres of land
    What kind of Specialty is the property at 1031 North Main Street?
    The property at 1031 North Main Street Meridian, ID 83642 is listed as a Hotel/Motel/Resort Specialty property
    What is the population within 1 mile of 1031 North Main Street in Meridian?
    The population within 1 mile of 1031 North Main Street Meridian, ID 83642 is 12,426 people.
    Who do I contact for questions about 1031 North Main Street?
    You should contact the listing agent, Chris Novak , for any details regarding this commercial listing.

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