Multi-Tenant Office and
3544 17th Street Idaho Falls, ID 83406
New
3544 17th Street, Idaho Falls, ID, 83406
$3,250,000
For Sale
$3,250,000
COMMERCIAL - Idaho Falls, ID
Property Size26,967 SF
Lot Size2.00 Acres
Price / SF$120.52
Days on Market7
Property Features for 3544 17th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- RPB8701000004O
- Size
- 26,967 SF
- Lot size
- 2.00 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- UNIT1& 4, EAGLE PINES PLAZA CONDO'S AMENDED # 1 LOT 1, BLOCK 1, EAGLE
- Tax Annual Amount
- 24070
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 2
- Building materials
- Brick, Stucco
- Roof type
- Shake
Listing Agency
Venture One Properties
(208) 542-7979
434 Gladstone, Idaho Falls, ID
Listed by
Shane Murphy · License #DB24210
(208) 542-7979
Added: Jul 10 Checked: Jul 16 at 10:06 pm
MLS# 2173289
Copyright © 2026 Snake River Regional MLS. 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.
Eagle Pines Plaza is a multi-tenant investment property featuring a 4,000 SF corner-lot restaurant building and a 22,967 SF modern professional office building with multiple tenants. Building amenities include two upper-level common-area balconies and a common-area kitchen/break-room. The property is designed to support tenant operations with 129 on-site parking spaces.
The site is located near major hospitals and shopping areas, providing convenient access to surrounding daily needs.
Offered for sale as a single package on approximately 2 acres, the property combines restaurant and office space within one ownership structure.
The site is located near major hospitals and shopping areas, providing convenient access to surrounding daily needs.
Offered for sale as a single package on approximately 2 acres, the property combines restaurant and office space within one ownership structure.
Key Highlights
- Two‑building, multi‑tenant property on approx. 2 acres in the Ammon corridor, including a 4,000 SF corner‑lot restaurant building and a 22,967 SF office building
- 2006‑built construction with brick and stucco exteriors
- Public utilities: public water and public sewer
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $453.0k | $16.80 |
| − Vacancy | −$63.4k | −$2.35 |
| EGI | $389.6k | $14.45 |
| − OpEx | −$97.4k | −$3.61 |
| NOI | $292.2k | $10.84 |
26,967 SF · lease $16.80/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$4.56M
$3.99M – $5.32M
NOI $319,458 @ 7.0% cap · market cap 9.83%
Second Best
Office B
$4.17M
$3.65M – $4.87M
NOI $292,214 @ 7.0% cap · market cap 8.99%
Theoretical Best
Office A
$5.96M
$5.21M – $6.95M
NOI $417,061 @ 7.0% cap · market cap 12.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Teton Retinal Institute
Physician
Darryl Moffett, MD
Ophthalmologist
Eagle Pines Plaza
Business Service Center
Bugbee Bookkeeping LLC
Accounting Firm
Crittenden Report
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Eagle Pines Plaza pairs a corner-lot restaurant building with a multi-tenant professional office and 129 parking spaces.
Where is this office building located?
The property is located at 3544 17th Street Idaho Falls, ID.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Two‑building, multi‑tenant property on approx. 2 acres in the Ammon corridor, including a 4,000 SF corner‑lot restaurant building and a 22,967 SF office building; 2006‑built construction with brick and stucco exteriors; Public utilities: public water and public sewer
