
Improved Commercial Land for Sale in Island Park, Idaho
4771 Highway 20, Island Park, ID 83429
Drift Lodge & Fly Shop - Exceptional Investment Opportunity Located just 17 miles from Yellowstone National Park and minutes from Henry's Lake, this turnkey business and commercial property offers a sought-after location with excellent visibility and consistent visitor traffic. The sale includes all inventory, furnishings, fixtures, and equipment, making it ready for immediate operation. The property features 20 buildings, including 15 lodging units generating steady year-round income, a 2,700 sq. ft. lodge, five storage buildings, and a 784 sq. ft. garage for equipment. Eight RV hook-ups provide housing for employees, with one site prepared for a park model to generate additional revenue. Current operations include lodging, retail sales in the fly shop, and guided fishing services. With ample space and zoning flexibility, this property presents incredible potential for expanding existing services or launching new business ventures. Don't miss this rare opportunity to own a thriving enterprise near Yellowstone National Park!
Location
- Street address
- 4771 Highway 20
- County
- Fremont County
- Elevation
- 6,480 feet
Property details
- Acreage
- 2.8 acres
- MLS #
- SNRMLS 2173133
- Posted
Property taxes
- 2024
- $12,081 - ISLAND PARK ASPEN RIDGE SUB DIV #4 LOT 351 LESS TAX 1154 & S 165' BLK
Parcels
- RPI0012009351F
Legal description
ISLAND PARK ASPEN RIDGE SUB DIV #4 LOT 351 LESS TAX 1154 & S 165' BLK
Details and features
Listing
- Type
- Commercial Sale
- Zoning
- Not Verified Ip-Commercial, Specific Zoning General Zoning
Structure
- Water
- Well
- Sewer
- Public Sewer
- Heating
- Electric, Forced Air, Propane, Radiant
- Materials
- Metal Siding, Wood Siding
- Roof
- Metal
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Propane | Connected | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 12, 2026 | New listing | $3,295,000 | — | SNRMLS |



























































































