Idaho City Mixed-Use
101 montgomery street Idaho City, ID 83631
For Sale
Contact for pricing
Premier mixed-use property in historic Idaho City. Renovated in 2022.
Property Size3,161 SF
Lot Size0.31 Acres
Price / SF$211.96
Days on Market160
Property Features for 101 montgomery street
General Information
Standard status
Active
Size
3,161 SF
Lot size
0.31 Acres
Property subtype
Land, Mixed Use, Multifamily, Retail
Building Details
Year Built
1990
Listing Agency:
Cole Lasher
Listed By:
Private Investor · License #01919
Source:
Crexi
Added: Feb 20
Changed: Jul 6
Last Checked: Jul 23 at 2:40PM
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 Cole Lasher
Investment Insights
Based on property information with market context.
Located at the intersection of Montgomery Street and Highway 21, this mixed-use property is a commercial landmark in Idaho City. Situated on a 0.31-acre corner lot, the property has a building size of approximately 3,161 square feet. The building was extensively renovated in 2022. The property is currently 100% occupied, delivering a stabilized and diversified income stream across four separate units. The tenant mix includes a boutique wine bar, salon, and a high-traffic ice cream parlor on the lower level. The upper level features two residential units, a one-bedroom and a studio, with hardwood floors and a deck with mountain views. All four units are metered for power. The property has surface parking. It offers a yield profile and stability with built-in risk diversification across retail and residential sectors.
Key Highlights
- Premier "main‑and‑main" location at the gateway to historic Idaho City with high visibility and traffic.
- Turnkey, fully renovated (2022) mixed‑use property with stabilized, diversified income from four units.
- 100% occupancy with a strategic tenant mix catering to both local and tourist demand.
Financial Insights For Mixed Use
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 | $68.3k | $21.60 |
| − Vacancy | −$5.5k | −$1.73 |
| EGI | $62.8k | $19.87 |
| − OpEx | −$23.6k | −$7.45 |
| NOI | $39.3k | $12.42 |
3,161 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$560.9K
$490.8K – $654.3K
NOI $39,260 @ 7.0% cap · market cap 5.86%
Second Best
Retail
$540.5K
$473.0K – $630.6K
NOI $37,837 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$799.6K
$699.7K – $932.9K
NOI $55,972 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Premier mixed-use property in historic Idaho City. Renovated in 2022.
Where is this mixed-use property located?
The property is located at 101 montgomery street Idaho City, ID.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: Premier "main‑and‑main" location at the gateway to historic Idaho City with high visibility and traffic.; Turnkey, fully renovated (2022) mixed‑use property with stabilized, diversified income from four units.; 100% occupancy with a strategic tenant mix catering to both local and tourist demand.
