Historic Mixed-Use
For Sale
Contact for pricing
102 N Main St, Pocatello, ID 83204
The two-story structure includes a basement, retail businesses, a photography studio, and a one-bedroom apartment.
Property Size15,000 SF
Price / SF$80
Days on Market100
Property Features for 102 N Main St
General Information
Standard status
Active
Size
15,000 SF
Property subtype
Mixed Use
Zoning
Commercial Central
Additional Details
Opportunity Zone
Yes
Corner Location
Yes
Building Details
Year Built
1892
Buildings
1
Stories
2
Units
1
Tenancy
Multi
Construction
Richardsonian Romanesque
Listing Agency:
Colliers - Pocatello, Idaho
Listed By:
Mike Zebe · License #ID SP34454
(208) 705-6453
Source:
Crexi
Added: Jul 29
Changed: Oct 25
Last Checked: Nov 4 at 10:26AM
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 Colliers - Pocatello, Idaho
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Investment Insights
Based on property information with market context.
Built in 1892, this two-story mixed-use property includes a basement and a distinctive Richardsonian Romanesque exterior. The Center Street elevation features large arched windows and rusticated sandstone, while the Main Street frontage incorporates ornamental trim, cornices, and triangular pediments. The building’s current configuration includes an antiques and records store, a jewelry business, a photography studio, and a one-bedroom apartment. Commercial Central zoning supports its mixed-use classification.
The property occupies the intersection of Center Street and Main Street in Historic Downtown Pocatello, within an Opportunity Zone. Its prominent corner setting provides frontage on both streets, while the architectural detailing and heritage character distinguish the building within the downtown setting.
The property occupies the intersection of Center Street and Main Street in Historic Downtown Pocatello, within an Opportunity Zone. Its prominent corner setting provides frontage on both streets, while the architectural detailing and heritage character distinguish the building within the downtown setting.
Key Highlights
- 1892 construction with Richardsonian Romanesque architectural character
- Two‑story building with a basement
- Current occupants include an antiques and records store, jeweler, and photography studio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,938
Cap Rate
8.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,058,760
$2.1M
Cap Rate 7%
$1,470,543
$1.5M
Cap Rate 9%
$1,143,756
$1.1M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$180.0K $12.00/SF
− Vacancy
−$15.3K −$1.02/SF
EGI
$164.7K $10.98/SF
− OpEx
−$61.8K −$4.12/SF
NOI
$102.9K $6.86/SF
Area
Bannock County, ID
Vacancy
8.50%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,058,760
Cap Rate 7%
$1,470,543
Cap Rate 9%
$1,143,756
Alternative Uses
Best Use
Retail
$1.89M
$1.65M – $2.21M
NOI $132,363 @ 7.0% cap · market cap 11.03%
Second Best
Mixed Use
$1.47M
$1.29M – $1.72M
NOI $102,938 @ 7.0% cap · market cap 8.58%
Theoretical Best
Office A
$2.49M
$2.17M – $2.90M
NOI $173,988 @ 7.0% cap · market cap 14.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,600
Businesses Nearby
70k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 52%
Dining 40%
Shops & Services 5%
Electronics 4%
Albertsons
Groceries
36,274 visits/mo
0.4 miles
Jack in the Box
Dining
13,486 visits/mo
0.4 miles
Little Caesars Pizza
Dining
5,268 visits/mo
0.4 miles
Jersey Mike's Subs
Dining
4,393 visits/mo
0.5 miles
Papa John's Pizza
Dining
3,232 visits/mo
0.5 miles
Demographics for 83204, ID
18,408
Population
8,238
Households
2.2
Avg Household Size
38
Median Age
32%
College-Educated
94%
High-School Grad
280.1 sq mi
ZIP Area
66
Density / Sq Mi
$55,191
Median Household Income
$33,806
Median Earnings
$748
Median Rent
$233,000
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The two-story structure includes a basement, retail businesses, a photography studio, and a one-bedroom apartment.
Where is this mixed-use property located?
The property is located at 102 N Main St Pocatello, ID.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1892 construction with Richardsonian Romanesque architectural character; Two‑story building with a basement; Current occupants include an antiques and records store, jeweler, and photography studio
