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Income-Producing Industrial Building For Sale

302 - 343 3rd Avenue South, Twin Falls, ID 83301

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For Sale

$4,130,000

43,488 SF industrial building on 1.15 acres in Twin Falls.

Type:Industrial

Property size:

43,488 SF

Lot size:

1.15 Acres

Price / SF:

$94/SF

HighLights

Income‑producing property with month‑to‑month (MTM) tenants offering maximum flexibility.
Prime location with high visibility and accessibility near major transportation routes (I‑84, EIRR).
Large, open 43,488 sq ft warehouse space suitable for manufacturing, warehousing, and distribution.
26‑foot building height with 17'-22' clear height.
Equipped with 6 roll‑up doors and 1 dock door.
Located in an established industrial area near downtown/old town Twin Falls.

We can help!

Contact an agent

Kurt Gregg

For Sale

$4,130,000

43,488 SF industrial building on 1.15 acres in Twin Falls.

Type:Industrial

Property size:

43,488 SF

Lot size:

1.15 Acres

Price / SF:

$94/SF

Added:: Mar 25, 2026
Days on Market:: 104
Last Refresh:: Jul 2 at 7:03 am

Property Features for 302 - 343 3rd Avenue South

General Information

Standard status: Active
Size: 43,488 SF
Lot size: 1.15 Acres
Property subtype: Industrial

We can help!

Contact an agent

Kurt Gregg

Listing office CBRE Boise

Listing date Mar 25, 2026

Source Cbre

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 CBRE Boise

HighLights

Income‑producing property with month‑to‑month (MTM) tenants offering maximum flexibility.
Prime location with high visibility and accessibility near major transportation routes (I‑84, EIRR).
Large, open 43,488 sq ft warehouse space suitable for manufacturing, warehousing, and distribution.
26‑foot building height with 17'-22' clear height.
Equipped with 6 roll‑up doors and 1 dock door.
Located in an established industrial area near downtown/old town Twin Falls.

Overview

This 43,488 square foot industrial building is situated on approximately 1.15 acres of land. The property is located at 302-343 3rd Ave. S. in Twin Falls, offering visibility and accessibility in a high-traffic area, minutes from major transportation routes including I-84, and the Eastern Idaho Railroad. The industrial building has a 26-foot building height with a 17’-22’ clear height, one dock door, and six roll up doors. The large open warehouse space provides flexibility for multiple uses such as manufacturing, warehousing, and distribution. The property's current income-generating status offers the chance to benefit from immediate revenue while customizing the site. It is located in an established industrial area near downtown/old town Twin Falls, Idaho, at the corner of 3rd Ave. S and Idaho St. S. Income from month-to-month tenants offers flexibility.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$407.0k	$9.36
− Vacancy	−$11.0k	−$0.25
EGI	$396.1k	$9.11
− OpEx	−$59.4k	−$1.37
NOI	$336.6k	$7.74

43,488 SF · lease $9.36/SF/yr · vacancy 2.70% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$4.81M

$4.21M – $5.61M (±1% cap)

NOI $336,649 @ 7.0% cap · market cap 8.15%

Second Best

Industrial

$3.82M

$3.34M – $4.45M (±1% cap)

NOI $267,125 @ 7.0% cap · market cap 6.47%

Theoretical Best

Specialty Retail

$9.98M

$8.73M – $11.64M (±1% cap)

NOI $698,341 @ 7.0% cap · market cap 16.91%

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

Property Profile Location Intelligence

Current Use by Public Records

VR1 Arcade at Jumptime Arcade & Gaming Center Magic Valley Elite ... Gym & Fitness Center Riot Xtreme Cheer Gym & Fitness Center JumpTime Idaho Arcade & Gaming Center Magic Valley Worship ... Church

Suggested Use

Similar Places Nearby

Affordable Storage — 701 W Main Cir, Twin Falls, ID 83301
Precision Storage — 560 Washington St, Jerome, ID 83338, United States
Ford Transfer & Storage Co. — 217 Wall Ave, Twin Falls, ID 83301
SJ Storage — 225 Blake St S, Twin Falls, ID 83301
Lineage — 432 S Park Ave W, Twin Falls, ID 83301

Location Insight

Map
Local Demand

City: Twin Falls
County: Twin Falls
State: Idaho
Longitude: -114.470874
Latitude: 42.559556

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For sale
Warehouses
ID
Twin Falls
83301
302 - 343 3rd Avenue South

What type of property is this?

Warehouse - 43,488 SF industrial building on 1.15 acres in Twin Falls.

Where is this warehouse located?

The property is located at 302 - 343 3rd Avenue South Twin Falls, ID.

What is the asking price?

The asking price for this property is $4,130,000.

What are key features of this property?

This property features: Income‑producing property with month‑to‑month (MTM) tenants offering maximum flexibility.; Prime location with high visibility and accessibility near major transportation routes (I‑84, EIRR).; Large, open **43,488 sq ft warehouse space** suitable for manufacturing, warehousing, and distribution.