Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1112 Airway Ave Lewiston, ID 83501

    View on Map
    Sponsored
    Picture of Flex space at Airway Ave 1112, Lewiston, ID
    For Lease
    $90,000

    COMMERCIAL - Lewiston, ID

    Property size:
    10,000 SF
    Lot size:
    0.78 Acres
    Days on Market:
    4
    Last Refresh:
    Mar 21 at 4:06 am

    Property Features for 1112 Airway Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    RPL00160060100
    Size
    10,000 SF
    Lot size
    0.78 Acres

    Utilities

    Heating system
    Propane (Heating)

    Building Details

    Flooring type
    Concrete
    Building materials
    Brick, Concrete

    We can help!

    Listing Contact
    Chantelle Souther

    CENTURY 21 Price Right

    Listing agent Chantelle Souther License #SP51664

    Listing date Mar 18, 2026

    MLS# 98978405

    Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Lewiston Commercial Building with Shop

    This 10,000 sq. ft. commercial building in Lewiston, ID, offers a combination of industrial and office/retail space. The property features a large drive-through shop bay with heat and two 3-phase transformers, plus an attached smaller heated shop. The storefront area is heated and air-conditioned and includes two private offices and a backroom for storage, providing flexible space for office, retail, or showroom use. The rear of the property is fully fenced, offering secure outdoor storage or work area. Electrical systems have been upgraded, and all shop spaces are heated, making this property ready for a wide range of commercial uses. The property is situated on a 0.78-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agpro Big Box & Wholesale Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Nez Perce
    State
    Idaho
    Longitude
    -116.973894
    Latitude
    46.378179

    Nearby Similar for Lease

    • $20,664
      1,722 SF

      Modern Office Suite in Lewiston

      Contemporary office space with abundant natural light and efficient layout.
      1630 23Rd Ave, Lewiston, ID 83501
      View Details
    • $21,600
      1,841 SF

      Downtown Lewiston Office Space Available

      Historic building with open office space in downtown Lewiston.
      528 Main St, Lewiston, ID 83501
      View Details
    • $21,096
      1,172 SF

      Versatile Commercial Space Available

      Open commercial space with parking in a great location.
      719 21St St, Lewiston, ID 83501
      View Details
    • $20,448
      1,136 SF

      Versatile Commercial Space in Lewiston

      Open commercial space with parking and rear access available for lease.
      719 21St St, Lewiston, ID 83501
      View Details
    • $85,242
      7,806 SF

      Professional Suites in Duff Building

      Affordable office spaces with amenities and natural light available now.
      307 A-4, Lewiston, ID 83501
      View Details
    • $15,600 /Mo
      704 SF

      Versatile Commercial Space in Lewiston

      Adaptable 650 SF space suitable for retail or office.
      145 Thain Rd. Unit, Lewiston, ID 83501
      View Details
    • $59,926
      3,444 SF

      Lewiston Medical Office Condominium

      Condominium unit with medical infrastructure and multiple rooms.
      1630 C & D, Lewiston, ID 83501
      View Details
    • $41,544
      2,308 SF

      Versatile Commercial Space For Rent

      Open commercial space with finished bathrooms, shared parking, rear access.
      719 And 3, Lewiston, ID 83501
      View Details
    • Contact for pricing

      Retail Restaurant Space with Drive-Thru

      Second-generation retail or restaurant space with drive-thru potential available now.
      920 21St St, Lewiston, ID 83501
      View Details
    • Contact for pricing

      Retail Space in Lewiston, Idaho

      Retail property available for lease in Lewiston, Idaho.
      2330-2362 Nez Perce Dr, Lewiston, ID 83501
      View Details
    • Contact for pricing

      Retail Space in Lewiston

      Retail property available for lease in Lewiston, Idaho.
      Nez Perce Dr, Lewiston, ID 83501
      View Details
    • $17 SF/Yr
      3,444 SF

      Lewiston Office Condo For Sale

      3,444 SF Medical/Office Space, Idaho
      1630 23Rd Ave, Lewiston, ID 83501
      View Details

    FAQs

    What type of property is this?
    Flex space - 10,000 sq ft commercial building with flexible industrial/office space.
    Where is this flex space located?
    The property is located at 1112 Airway Ave Lewiston, ID.
    What is the lease rate?
    The lease rate is $90,000.
    What are key features of this property?
    This property features: - 10,000 sq. ft. commercial building offering flexible space.; - Large drive-through shop bay with heat and two 3-phase transformers.; - **Heated and air-conditioned storefront** with two private offices and storage.
    (208) 702-2203
    Request Owner's contact information
    1112 Airway Ave Lewiston, ID 83501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1112 Airway Ave
    Lewiston, ID 83501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1112 Airway Ave Lewiston, ID 83501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chantelle Souther
    Real Estate License ID: SP51664
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!