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    24 5Th St Ashton, ID 83420

    For Sale
    $399,900

    Spacious event venue, sleeps 18, great location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 0.09-acre property at 24 S 5th Street in Ashton, Idaho, presents a unique investment opportunity as a thriving event center or nightly rental. Its prime location offers unparalleled convenience, situated within walking distance of five restaurants, a nearby public pool, and a park complete with pickleball courts. The property boasts a generously sized, open-plan interior perfect for large gatherings and accommodating families. The expansive kitchen features a substantial 15x5 island, ideal for catering and large-scale food preparation. Sleeping arrangements are plentiful, with four rooms providing a total of nine beds, ensuring comfortable lodging for up to eighteen guests. Two full bathrooms add to the convenience and functionality of the space. A highlight of this property is the impressive theater room, equipped with a large 86-inch television, providing an ideal space for entertainment. The property also benefits from rooftop air conditioning, ensuring comfortable temperatures year-round. This versatile property is ready for immediate occupancy and presents significant potential for continued success as a rental property or event venue. The combination of location, amenities, and sleeping capacity makes this a truly exceptional offering. The property is priced at $399,900.

    Property Features for 24 5Th St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1975
    Property Profile Insight Report 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 Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Ashton
    County
    Fremont
    State
    Idaho
    Longitude
    -111.449
    Latitude
    44.07104

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    Nearby Similar for Sale

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      Ashton Mixed-Use Income Property

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      Historic Ashton Soda Fountain & Pizzeria

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      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Spacious event venue, sleeps 18, great location.
    Where is this commercial real estate located?
    The property is located at 24 5Th St Ashton, ID.
    What is the asking price?
    The asking price for this property is $399,900.
    (208) 356-0000
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    24 5Th St Ashton, ID 83420
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    Ashton, ID 83420
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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
    24 5Th St Ashton, ID 83420
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