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Updated Multi-Suite Office Building
For Sale
$495,000

101 Canal Street, Emmett, ID 83617

Flexible office layout with multiple suites, two bathrooms, fresh paint, and a new HVAC system.

Property Size1,470 SF
Price / SF$336.73
Days on Market52

Property Features for 101 Canal Street

General Information

Standard status Active
Size 1,470 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $148,502

Amenities

Garage: 1 - 5 Spaces
1 - 5 Spaces

Building Details

Year Built 1980
Listing Agency: Silvercreek Realty Group
Listed By: Niccole Welch · License #SP43546
Source: Clearwaterproperties
Added: Aug 16 Changed: Oct 6 Last Checked: Oct 5 at 6:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Silvercreek Realty Group

Investment Insights

Based on property information with market context.

This 1,470-square-foot office building at 101 Canal St offers multiple suites and two bathrooms within a flexible commercial layout. Recent improvements include new interior and exterior paint along with a new HVAC system, giving the property updated finishes and modernized climate control.

The property occupies a corner location along Washington Avenue in Emmett, providing street frontage and visibility from a recognized main street. Its configuration is suited to office use and can accommodate a range of professional business layouts without requiring a single-suite format.

Key Highlights

  • 1,470‑square‑foot office building at 101 Canal St
  • Multiple office suites in a flexible floor plan
  • Two bathrooms included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,985
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,700 $379.7K
Cap Rate 7%
$271,214 $271.2K
Cap Rate 9%
$210,944 $210.9K
Market Conditions
NOI Build-Up for 1,470 SF
Gross rent
$30.9K $21.00/SF
− Vacancy
−$5.6K −$3.78/SF
EGI
$25.3K $17.22/SF
− OpEx
−$6.3K −$4.31/SF
NOI
$19.0K $12.92/SF
Area
Gem County, ID
Vacancy
18.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,700
Cap Rate 7%
$271,214
Cap Rate 9%
$210,944

Alternative Uses

Best Use
Office B
$271.2K
$237.3K – $316.4K (±1% cap)
NOI $18,985 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$371.9K
$325.4K – $433.8K (±1% cap)
NOI $26,030 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Adam & Korin Collins ... Real Estate Agency Homes of Idaho, Inc. Real Estate Agency

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Restaurant Law Firm HVAC Service Building Supply

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

454
Businesses Nearby

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 Office in West region

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

What type of property is this?
Office building - Flexible office layout with multiple suites, two bathrooms, fresh paint, and a new HVAC system.
Where is this office building located?
The property is located at 101 Canal Street Emmett, ID.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 1,470‑square‑foot office building at 101 Canal St; Multiple office suites in a flexible floor plan; Two bathrooms included
More about this property
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