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    403 N River St Hailey, ID 83333

    For Sale
    $3,250,000

    Commercial - Hailey, ID

    Lot size:
    0.83 Acres
    Days on Market:
    192
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 403 N River St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    H/B
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    61
    Bathrooms
    49
    APN
    RPH0000055004A, RPH0000055002A, RPH00000550010
    Lot size
    0.83 Acres

    Building Details

    Architectural style
    Other

    Paul Kenny & Matt Bogue Real Estate LLC (208) 726-1918

    Listing agent Kenny-Bogue Team (208) 726-1918

    Listing date May 28, 2025

    MLS# 24-332071 Listing URL

    Copyright © 2025 Sun Valley Board 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.

    Overview

    Entitled Multifamily Development Opportunity

    A fully entitled and permitted 50-unit multifamily development is available for purchase. The ready-to-build project includes 37 one-bedroom units and 12 two-bedroom units. Additionally, the property features a commercial (retail) unit of approximately 650 square feet on the ground floor. Situated on a 0.83-acre lot, the project has been efficiently and thoughtfully laid out to maximize owner profitability. The property is located in Hailey, Idaho, in Blaine County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Spa & Massage Auto Repair Shop Dental Office Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hailey
    County
    Blaine
    State
    Idaho
    Longitude
    -114.319394
    Latitude
    43.522362

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    FAQs

    What type of property is this?
    Apartment building - Permitted 50-unit multifamily development with retail space for sale.
    Where is this apartment building located?
    The property is located at 403 N River St Hailey, 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: - Fully entitled and permitted 50-unit multifamily development; - Ready to build project; - Attractive mix of 37 one-bedroom and 12 two-bedroom units
    (208) 726-1918
    Request Owner's contact information
    403 N River St Hailey, ID 83333
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    Hailey, ID 83333
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    Realmo Value Estimation

    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.

    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.

    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
    403 N River St Hailey, ID 83333
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