“The Spud” Drive-In Driggs, Idaho
When it comes to commercial sales, it’s all about the investment opportunity. However, some are just out looking for a “job” in one of the best places to live in America. Built -n 1953, it’s one of the oldest attractions in Teton Valley, still operating today. Besides, working the summer evenings in Teton Valley & snow-birding South for the winter doesn’t sound too bad.
Why it’s a good deal:
I’m not claiming good deal on this as I haven’t ran the numbers, but it’s still a lot of fun.
How much?
Just reduced, $675,000.
How quick will it sell?
I’m not sure on this one. It’s going to take the right business operator for reasons above, or someone that can capitalize on Winter revenue.
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Last week I promised an article on the potential for a localized market bubble. Refer to last weeks article;
I am going to do my best to tie this article to National trends, events that have an affect on Real Estate (such as elections), and the seemingly cyclical Real Estate pattern that applies in almost all cases, barring any outside catastrophe.
As a preface to this article, I must say that I am a very straightforward real estate agent. If you are looking for someone to tell you that you can get a bargain on a piece of property that you likely cannot, I’m probably not your agent. I am also not going to tell someone they can obtain a certain price for their property in an effort to obtain a listing, or to appear optimistic. I provide values based on market statistics, and that’s usually the end of the story.