Operational Grocery and Convenience
For Sale
$320,000
300 S Washington, Emmett, ID 83617
Commercial Sale, Emmett, ID
Property Size1,200 SF
Lot Size0.04 Acres
Price / SF$266.67
Days on Market171
Property Features for 300 S Washington
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Sm Lot 5999 S F
Standard status
Active
APN
RPE3210009001B
Size
1,200 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Description
06N 01W SEC 07 Emmettsville Townside Sub Tax 2036 block 09
Legal Description
06N 01W SEC 07 Emmettsville Townside Sub Tax 2036 block 09
Utilities
Heating system
Ductless (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s)
Building Details
Year built
1940
Flooring type
Concrete
Building materials
Stucco
Roof type
Flat
Listing Agency:
Silvercreek Realty Group
(208) 377-0422
Listed By:
Luis Lara Arredondo · License #SP46684
(208) 602-5068
Added: Mar 27
Changed: Sep 13
Last Checked: Sep 13 at 2:06PM
MLS# 98979778
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.
Investment Insights
Based on property information with market context.
This 1,200-square-foot commercial property contains an operating bakery and convenience store with check-cashing and money-transfer services. The sale includes the business operation, equipment, and inventory. Built in 1940, the building has stucco construction, concrete flooring, a flat roof, ductless heating, and window or wall-mounted cooling units.
The property occupies 0.04 acres at 300 S Washington in Emmett, Idaho, within the downtown area and along a retail corridor. The existing configuration supports the current food retail and service uses, while the included equipment and inventory provide a substantial operating component.
The property occupies 0.04 acres at 300 S Washington in Emmett, Idaho, within the downtown area and along a retail corridor. The existing configuration supports the current food retail and service uses, while the included equipment and inventory provide a substantial operating component.
Key Highlights
- 1,200‑square‑foot commercial property on 0.04 acres
- Operating bakery and convenience store
- Check‑cashing and money‑transfer services in place
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,502
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$330,040
$330.0K
Cap Rate 7%
$235,743
$235.7K
Cap Rate 9%
$183,356
$183.4K
Market Conditions
NOI Build-Up for 1,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$23.0K $19.20/SF
− Vacancy
−$1.0K −$0.86/SF
EGI
$22.0K $18.34/SF
− OpEx
−$5.5K −$4.58/SF
NOI
$16.5K $13.75/SF
Area
Gem County, ID
Vacancy
4.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$330,040
Cap Rate 7%
$235,743
Cap Rate 9%
$183,356
Alternative Uses
Best Use
Specialty Retail
$235.7K
$206.3K – $275.0K
NOI $16,502 @ 7.0% cap · market cap 5.16%
Second Best
Retail
$205.2K
$179.6K – $239.4K
NOI $14,364 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$303.6K
$265.6K – $354.2K
NOI $21,249 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
510
Businesses Nearby
36k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 78%
Home Improvements & Furnishings 18%
Dining 4%
Sinclair
Shops & Services
8,344 visits/mo
0.1 miles
Family Dollar
Shops & Services
6,669 visits/mo
0.1 miles
U.S. Bank
Shops & Services
4,540 visits/mo
0.0 miles
Rocky Mountain True Value
Home Improvements & Furnishings
3,556 visits/mo
0.1 miles
AutoZone
Shops & Services
3,441 visits/mo
0.1 miles
Demographics for 83617, ID
17,502
Population
6,981
Households
2.5
Avg Household Size
44
Median Age
22%
College-Educated
89%
High-School Grad
224.0 sq mi
ZIP Area
78
Density / Sq Mi
$65,566
Median Household Income
$34,007
Median Earnings
$873
Median Rent
$364,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Established bakery and convenience operation with check-cashing and money-transfer services, equipment, and inventory included.
Where is this grocery and convenience store located?
The property is located at 300 S Washington Emmett, ID.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 1,200‑square‑foot commercial property on 0.04 acres; Operating bakery and convenience store; Check‑cashing and money‑transfer services in place
