Live-Work Property with Paved
New
For Sale
$575,000
1502 Broadway Street, Idaho Falls, ID 83403
A reception area, kitchen, living space and two bedrooms occupy the main level.
Property Size1,568 SF
Price / SF$366.71
Days on Market7
Property Features for 1502 Broadway Street
General Information
Standard status
Active
Size
1,568 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Amenities
dedicated reception area
living area
full kitchen
bathroom
two bedrooms
unfinished basement
paved private lot
Building Details
Year Built
1949
Listing Agency:
Venture One Properties
Listed By:
Shane Murphy · License #3078_7882
(208) 542-7979
Source:
Coldwellbankertetonvalley
Added: Sep 30
Changed: Oct 3
Last Checked: Oct 5 at 3:39PM
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 Venture One Properties
Investment Insights
Based on property information with market context.
Built in 1949, this 1,568-square-foot live-work property has a main floor arranged with a reception area, living space, full kitchen, bathroom and two bedrooms. The bedrooms can be adapted as private offices. An unfinished basement provides additional storage space, and a paved private lot serves the property. The current use is a used auto sales dealership.
Key Highlights
- 1,568‑square‑foot property built in 1949
- Main floor includes reception, living space, full kitchen and bathroom
- Two bedrooms can be converted to private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,991
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,820
$339.8K
Cap Rate 7%
$242,729
$242.7K
Cap Rate 9%
$188,789
$188.8K
Market Conditions
NOI Build-Up for 1,568 SF
Gross rent
$26.3K $16.80/SF
− Vacancy
−$3.7K −$2.35/SF
EGI
$22.7K $14.45/SF
− OpEx
−$5.7K −$3.61/SF
NOI
$17.0K $10.84/SF
Area
Bonneville County, ID
Vacancy
14.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,820
Cap Rate 7%
$242,729
Cap Rate 9%
$188,789
Alternative Uses
Best Use
Office B
$242.7K
$212.4K – $283.2K
NOI $16,991 @ 7.0% cap · market cap 2.95%
Second Best
Retail
$203.3K
$177.9K – $237.1K
NOI $14,228 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$346.4K
$303.1K – $404.2K
NOI $24,250 @ 7.0% cap · market cap 4.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - A reception area, kitchen, living space and two bedrooms occupy the main level.
Where is this live-work space located?
The property is located at 1502 Broadway Street Idaho Falls, ID.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1,568‑square‑foot property built in 1949; Main floor includes reception, living space, full kitchen and bathroom; Two bedrooms can be converted to private offices
