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    Central Blvd Cambridge, ID 83610

    For Sale
    $449,000

    Landmark building, restaurant & apartment.

    Property size:
    5,358 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional investment property presents a rare opportunity to acquire a piece of Cambridge, ID history. Located at the prominent corner of Superior Street and Central Boulevard, this 5,358 square foot building boasts a rich heritage, dating back to 1907, and currently houses the thriving Li's Chinese Kitchen restaurant. The property also includes a spacious 1,600 square foot, two-bedroom, one-and-a-half-bathroom apartment, providing additional income potential. The building sits on a 0.32-acre lot, with an additional 0.16-acre parcel at the rear offering significant expansion possibilities for future development. This prime location in the heart of downtown Cambridge ensures high visibility and accessibility, making it an ideal investment for both seasoned and aspiring investors. The strong existing tenant and the potential for growth make this a truly compelling opportunity to capitalize on the prosperity of this vibrant community. The property's size, location, and existing income streams combine to create a unique and attractive investment proposition. Don't miss this chance to own a piece of Cambridge's legacy and secure a promising future for your portfolio. The asking price is $449,000.

    Property Features for Central Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,358 SF
    Lot Size
    13,939 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cambridge
    County
    Washington
    State
    Idaho
    Longitude
    -116.675
    Latitude
    44.5724

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    Nearby Similar for Sale

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      Commercial Property in Cambridge, Idaho

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      30 South Commercial St, Cambridge, ID
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    • $424,000
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      Cambridge, ID Investment Opportunity

      Commercial building with restaurant, apartment, and expansion potential.
      20 E Central Blvd, Cambridge, ID 83610
      View Details
    • $749,000
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      Cambridge, ID Commercial Shop

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    FAQs

    What type of property is this?
    Commercial real estate - Landmark building, restaurant & apartment.
    Where is this commercial real estate located?
    The property is located at Central Blvd Cambridge, ID.
    What is the asking price?
    The asking price for this property is $449,000.
    (208) 672-9000
    Request Owner's contact information
    Central Blvd Cambridge, ID 83610
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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
    Central Blvd Cambridge, ID 83610
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