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Office Building with Multiple Suites
For Sale
$495,000
Pending

101 Canal Street, Emmett, ID 83617

Commercial Sale, Emmett, ID

Property Size1,470 SF
Lot Size0.24 Acres
Days on Market122

Property Features for 101 Canal Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking 6
Accessibility Accessible Approach with Ramp
Lot features 10000 S F - .49 Acre, Lawn Sprinklers
Standard status Pending
APN RP06N01W070900
Size 1,470 SF
Lot size 0.24 Acres

Additional Details

Corner Location Yes
Property Use Office

Taxes and HOA fees

Tax Description Exhibit A
Tax Annual Amount 148502
Legal Description Exhibit A

Utilities

Utilities Natural Gas Available
Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1980
Building materials Wood Siding
Roof type Metal
Listing Agency: Silvercreek Realty Group
Listed By: Niccole Welch · License #SP43546
Added: Jun 30 Changed: Oct 23 Last Checked: Oct 29 at 4:06AM
MLS# 98992269

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,470-square-foot office property at 101 Canal Street includes multiple office suites and two bathrooms within a flexible floor plan. Built in 1980, the building features wood siding, a metal roof, natural gas forced-air heating, and central air conditioning. Recent improvements include new interior and exterior paint and a new HVAC system.

The 0.24-acre property is located on the corner of Washington Avenue in Emmett, Idaho, with street frontage and visibility along a recognized main street. Natural gas is available, and an accessible approach with ramp supports entry to the building. The configuration is suited to professional office, medical or wellness, retail, showroom, boutique, and specialty service uses as described in the property information.

Key Highlights

  • 1,470 SF office property with multiple office suites
  • Two bathrooms within a flexible commercial floor plan
  • New interior and exterior paint plus a new HVAC system

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. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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

Frequently Asked Questions

What type of property is this?
Office unit - Updated commercial space with flexible offices, two bathrooms, and accessible ramp entry.
Where is this office unit 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 SF office property with multiple office suites; Two bathrooms within a flexible commercial floor plan; New interior and exterior paint plus a new HVAC system
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