Renovated Flexible Commercial
1830 Addison Ave E Twin Falls, ID 83301
1830 Addison Ave E, Twin Falls, ID, 83301
$695,000
For Sale
$695,000
Built in 1958 and extensively renovated in 2021, offering a flexible layout with ADA access and multiple outdoor patios.
Property Size3,078 SF
Lot Size1.22 Acres
Price / SF$225.80
Days on Market18
Property Features for 1830 Addison Ave E
General Information
- Standard status
- Active
- Size
- 3,078 SF
- Lot size
- 1.22 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1958
Listing agency
Continental Real Estate Group,
(877) 996-5728
Listed by
Christine Eisenberg · License #313263
Source
Clearwaterproperties
Added: Jul 4 Updated: Jul 20 at 8:54PM Checked: Jul 21 at 4:28AM
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 Continental Real Estate Group,
Investment Insights
Based on property information with market context.
This for-sale commercial building was originally built in 1958 and extensively renovated in 2021. The layout is divided into three distinct sections, with two restrooms and two modernized kitchens. The property also includes ADA-compliant access and laundry hookups, along with three outdoor patios and outdoor areas designed for flexible use.
Set on 1.22 acres, the fully enclosed lot features mature landscaping, a fenced farmyard, a playground, and an irrigation system. The building is described as having strong street visibility in a highly visible, high-traffic area.
The COM zoning noted in the remarks supports a variety of uses, including office space, an event venue (with stage and dance floor, plus outdoor areas), daycare, community organizations, and multi-tenant leasing. Recent improvements include new sewer and water lines, electrical upgrades, enhanced insulation, and an installed security camera system.
Set on 1.22 acres, the fully enclosed lot features mature landscaping, a fenced farmyard, a playground, and an irrigation system. The building is described as having strong street visibility in a highly visible, high-traffic area.
The COM zoning noted in the remarks supports a variety of uses, including office space, an event venue (with stage and dance floor, plus outdoor areas), daycare, community organizations, and multi-tenant leasing. Recent improvements include new sewer and water lines, electrical upgrades, enhanced insulation, and an installed security camera system.
Key Highlights
- Commercial building built in 1958 and extensively renovated in 2021, sitting on 1.22 acres.
- COM zoning supports a variety of uses, including office, event venue, daycare, community organizations, and multi‑tenant leasing.
- Flexible layout with three distinct sections and ADA‑compliant access, plus 2 restrooms.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.6k | $13.20 |
| − Vacancy | −$5.3k | −$1.72 |
| EGI | $35.3k | $11.48 |
| − OpEx | −$8.8k | −$2.87 |
| NOI | $26.5k | $8.61 |
3,078 SF · lease $13.20/SF/yr · vacancy 13.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$378.7K
$331.4K – $441.9K
NOI $26,511 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$706.1K
$617.8K – $823.8K
NOI $49,427 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Acton Academy Twin ...
High School
Similar For Sale Nearby
Similar Off Market Nearby
- Sunshine Kids Childcare & Preschool — 2230 9th Ave E, Twin Falls, ID 83301
- Angels Daycare — 1312 7th Ave E, Twin Falls, ID 83301
- A Joyful Noise Childcare — 830 Maurice St, Twin Falls, ID 83301
- Sweet Bee's Daycare — 1510 9th Ave E, Twin Falls, ID 83301
- Little leaders learning academy, Inc — 1150 Addison Ave E, Twin Falls, ID 83301
FAQs
What type of property is this?
Day care center - Built in 1958 and extensively renovated in 2021, offering a flexible layout with ADA access and multiple outdoor patios.
Where is this day care center located?
The property is located at 1830 Addison Ave E Twin Falls, ID.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Commercial building built in 1958 and extensively renovated in 2021, sitting on 1.22 acres.; COM zoning supports a variety of uses, including office, event venue, daycare, community organizations, and multi‑tenant leasing.; Flexible layout with three distinct sections and ADA‑compliant access, plus 2 restrooms.
