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Mixed-Use Studio with Street Frontage
For Sale
$108,000
Pending

114 S Main Street, Grace, ID 83241

COMMERCIAL/INDUSTRIAL, Grace, ID

Property SizeContact for details
Lot Size0.04 Acres
Days on Market40

Property Features for 114 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial General
Subdivision Citizens
Lot features High Visibility, Highway Access, High Traffic, Near Mall/ Shopping, Near Schools
Directions On Main Street across from the gas station.
Standard status Pending
APN 025301022050
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TR 14' X 125' LOT 5, BLK 22, CITIZENS ADD, GRACE 14 X 125
Tax Annual Amount 484
Legal Description TR 14' X 125' LOT 5, BLK 22, CITIZENS ADD, GRACE 14 X 125

Utilities

Heating system Forced Air
Water source Public

Amenities

tall ceilings
wooden feature walls
distinct spaces
street frontage
parking space out front
private parking space behind
simplified maintenance on the exterior

Building Details

Year built 1947
Building materials Concrete Block
Roof type Metal
Listing Agency: Guardian Realty
Listed By: Alana Burns · License #49392
Added: Jul 31 Changed: Sep 7 Last Checked: Sep 8 at 2:06PM
MLS# 583253

Copyright © 2026 Greater Pocatello Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property in Grace combines a studio-style interior with commercial functionality and residential flexibility. The space features tall ceilings, several wood accent walls, defined interior areas, and a rustic industrial character. Built in 1947, the building has concrete block construction, a metal roof, forced-air heat, and public water. Commercial General zoning supports the property’s stated live-work and business uses.

The building fronts S Main Street in the center of Grace, with a parking space available in front and private parking behind. Local destinations including the gym, gas station, school, library, City Hall, food, and shopping are within walking distance. Lava Hot Springs is approximately 15 minutes away, providing access to the area’s hot pools, geyser, and outdoor activities.

Key Highlights

  • Commercial General zoning with live‑work and business use potential
  • Studio‑style interior with tall ceilings and distinct functional areas
  • Street frontage on S Main Street in central Grace

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick HVAC Service Auto Repair Shop (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Pharmacy Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby

Demographics for 83241, ID

1,924
Population
815
Households
2.4
Avg Household Size
37
Median Age
18%
College-Educated
94%
High-School Grad
197.0 sq mi
ZIP Area
10
Density / Sq Mi
$68,810
Median Household Income
$24,860
Median Earnings
$710
Median Rent
$206,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial General-zoned property offers a compact live-work setting with parking at the front and rear.
Where is this mixed-use property located?
The property is located at 114 S Main Street Grace, ID.
What is the asking price?
The asking price for this property is $108,000.
What are key features of this property?
This property features: Commercial General zoning with live‑work and business use potential; Studio‑style interior with tall ceilings and distinct functional areas; Street frontage on S Main Street in central Grace
More about this property
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