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Remodeled Medical Office Space
For Sale
$2,750,000

507 S MAIN St, Hailey, ID 83333

Commercial Sale, Hailey, ID

Property Size4,740 SF
Lot Size0.25 Acres
Price / SF$580.17
Days on Market324

Property Features for 507 S MAIN St

General Information

Property type Commercial Sale
Property subtype Other
Zoning H/B
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 2, Bathroom 3
Subdivision Hailey Townsite
Directions Located on the west side of Main Street.
Standard status Active
APN RPH0000008003A
Size 4,740 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description HAILEY LOTS 3,4,5 BLK 8
Tax Annual Amount 6298
Legal Description HAILEY LOTS 3,4,5 BLK 8

Building Details

Year built 1991
Roof type Composition
Listing Agency: Keller Williams Sun Valley Southern Idaho · Keller Williams Realty
Listed By: Rixon + Cronin
Added: Oct 16, 2025 Changed: Sep 3 Last Checked: Sep 4 at 9:06AM
MLS# 25-333768

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 4,740-square-foot medical office property sits on a 0.25-acre lot and was comprehensively remodeled in 2018. Built in 1991, the building includes three bathrooms and a composition roof, with H/B zoning supporting its commercial office classification.

The property is located at 507 S MAIN St in Hailey, Idaho, along Main Street. Sterling Urgent Care occupies the space under a lease with six years remaining and one 5-year renewal option. The offering reflects a 6.2% CAP rate and annual rent increases.

Key Highlights

  • 4,740 square feet on a 0.25‑acre lot
  • Remodeled in 2018; original construction completed in 1991
  • Sterling Urgent Care lease has six years remaining

Property Analytics

Current Use

Sterling Urgent Care Medical Clinic Zachariah Rollins Physician David Budge Physician KYLEE RICHMOND Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Auto Parts Store Parking Lot & Garage HVAC Service Tattoo & Piercing 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.

Lease Details

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

841
Businesses Nearby
Balanced
Demand for This Use

Demographics for 83333, ID

11,775
Population
5,525
Households
2.1
Avg Household Size
42
Median Age
48%
College-Educated
93%
High-School Grad
520.6 sq mi
ZIP Area
23
Density / Sq Mi
$86,142
Median Household Income
$41,897
Median Earnings
$1,375
Median Rent
$688,400
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?
Medical Office Space - Leased medical facility with an established urgent care tenant and a five-year extension option.
Where is this medical office space located?
The property is located at 507 S MAIN St Hailey, ID.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 4,740 square feet on a 0.25‑acre lot; Remodeled in 2018; original construction completed in 1991; Sterling Urgent Care lease has six years remaining
More about this property
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