Property summary
This exceptional investment property, located at 120 E 3rd Street in the heart of Emmett, Idaho, presents a unique sale-leaseback opportunity. Currently occupied by a church, the property boasts a substantial 0.45-acre lot and offers significant redevelopment potential. The existing structure features a two-level layout encompassing large, open spaces ideal for various uses, complemented by several private offices or classrooms, a kitchen, and multiple restrooms. A detached garage/storage area provides additional utility. The church will lease back the property for a guaranteed two-year term following the closing date, providing immediate and consistent income. This presents a compelling investment opportunity with diverse future possibilities. The property's central location in downtown Emmett makes it suitable for a wide range of commercial ventures, including a charter school, office space, gymnasium or sports facility, retail establishment, or even a new church. The substantial lot size allows for expansion or redevelopment to meet the needs of a variety of tenants or uses. The existing infrastructure provides a solid foundation for immediate occupancy or a swift renovation project. This is a rare chance to acquire a prime piece of commercial real estate in a thriving Idaho community. The property is priced at $1,200,000. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Church
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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