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    111 Lillian St Salmon, ID 83467

    For Sale
    Contact for pricing

    Prime office space, 216 sq ft, low HOA fees.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 216-square-foot office condo is situated in the desirable PUMF LLC Office Suite Condominium in downtown Salmon, Idaho. The unit boasts a nicely finished interior, perfect for a small business or professional. Enjoy the convenience of a dedicated parking space right at your doorstep, with additional common parking areas available both in front and behind the building. The building is well-maintained and professionally managed, offering an elevator for easy access, ample storage space, and restrooms conveniently located on both floors. The unit itself features a counter and sink with running water, ideal for light office tasks. Heating and cooling are provided by four recently installed, high-efficiency rooftop HVAC units, ensuring year-round comfort. The low-maintenance condominium association covers building insurance, snow removal, all utilities, common area maintenance, and janitorial services, minimizing your operational overhead. This presents a fantastic opportunity to own a piece of prime commercial real estate in a thriving downtown location, close to all amenities. Other office spaces within the same building are also available for purchase, making this an ideal option for expanding businesses. The attractive price point, combined with the potential for low-interest SBA financing, makes this an exceptional investment opportunity.

    Property Features for 111 Lillian St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1977
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salmon
    County
    Lemhi County
    State
    Idaho
    Longitude
    -113.8905
    Latitude
    45.17503

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    FAQs

    What type of property is this?
    Commercial real estate - Prime office space, 216 sq ft, low HOA fees.
    Where is this commercial real estate located?
    The property is located at 111 Lillian St Salmon, ID.
    What is the asking price?
    The asking price for this property is $25,700.
    (208) 756-1800
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    111 Lillian St Salmon, ID 83467
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Lillian St Salmon, ID 83467
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