$325,000
Genesee, ID 83832
MLS# 26-1364
2450 sqft
1 / 15
Property Description
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!
Details
Maps
Contract Information
Status: Active
Listing Type: Business, Bld & Land
Area: 15 - South
Neighborhood Grid #: 600
Begin Date: 2026-02-16
List Price: $325,000
General Property Description
Building Style: Restaurant
Basement: No
Year Built: 1898
Remodeled: Yes
Year of Remodel: 2001
New Construction: No
Total #/Bldgs: 1
Total SqFt.: 2450
ESTIMATED SqFt Source: Assessor
Lot Acres: 0.11
Lot Type 1: Commercial
Business Type: Restaurant
Realtor.COM Type: Commercial
Legal and Taxes
Legal: See Attached
AIN/Tax Bill: N/A
Parcel Number: RPG1300020005BA
Zoning: Commercial
Directions: Follow Chestnut/Genesee Juliaetta Rd to E Walnut Ave in Genesee
Taxes: 1000.84
Tax Year: 2025
Taxes Reflect 1: No Exemptions
Remarks
Public Remarks: 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!
Address
Street Number: 153
Street Direction Pfx: W
Street Name: Walnut
Street Suffix: Ave
State/Province: ID
Postal Code: 83832
County: Latah
Miscellaneous
Rng Dir: EBM
Property Subject To
CC&Rs: No
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: No
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Business Info
Inventory List Available?: No
Inventory Included in Sale Price?: Negotiable
Equipment Included in Sale Price?: Negotiable
Confidential from Employees?: Yes
Showing Instructions
Showing Service Name: ShowingTime
Property Features
View: Territorial
Lot Features: Open Lot
Interior Features: Central Air; High Speed Internet
Exterior Features: See Remarks
Common Walls: 2+ Common Walls
Fuel: Natural Gas
Heating: Forced Air
Bsmt: Full Size
Basement: Unfinished
Construction: Frame
Foundation: Concrete
Exterior: Brick
Roof: Metal
Road: Paved; Public Maintained Road
Sewer: Public Sewer
Terms Considered: 1031 Exchange; Cash; Conventional
Listing Office: Avalon 24 Real Estate
Last Updated: February - 16 - 2026
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