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Mixed-Use Property with Apartment
For Sale
$450,000

16 S STATE St, Preston, ID 83263

Commercial Sale, Preston, ID

Property Size700 SF
Lot Size0.08 Acres
Price / SF$642.86
Days on Market482

Property Features for 16 S STATE St

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Commercial
Interior features Refrigerator, Restroom: Public
Accessibility Accessible Approach with Ramp
Appliances Real Estate
Subdivision FRANKLIN
Standard status Active
APN RP04517.00
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 977

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1905
Flooring type Linoleum, Carpet
Roof type Flat
Listing Agency: Cornerstone Real Estate Professionals/Idaho
Listed By: Christa Neal · License #5571945
Added: Apr 29, 2025 Changed: Aug 22 Last Checked: Aug 23 at 4:06PM
MLS# 2081113

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Investment Insights

Based on property information with market context.

This mixed-use property includes a top-floor apartment measuring approximately 700 square feet, with month-to-month occupancy. The building dates to 1905 and has a flat roof, carpet and linoleum flooring, forced-air heating powered by natural gas, and central air conditioning. A refrigerator and public restroom are included.

The property is zoned Commercial and sits on a 0.08-acre parcel in Preston, Idaho. Accessible approach features include a ramp, supporting access to the building’s public-facing areas.

Key Highlights

  • Top‑floor apartment of approximately 700 square feet
  • Month‑to‑month apartment occupancy
  • Commercial zoning on a 0.08‑acre parcel

Property Analytics

Current Use

Owl Club Bar & Pub Grace Fellowship Church Church

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Pharmacy Parking Lot & Garage Furniture & Home Goods Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

455
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 59% Shops & Services 40% Electronics 1%
Wendy's Dining
10,179 visits/mo 0.2 miles
Arctic Circle Dining
4,144 visits/mo 0.2 miles
Domino's Pizza Dining
4,095 visits/mo 0.3 miles
Conoco Shops & Services
3,740 visits/mo 0.2 miles
O'Reilly Auto Parts Shops & Services
3,060 visits/mo 0.2 miles

Demographics for 83263, ID

9,928
Population
3,610
Households
2.8
Avg Household Size
35
Median Age
21%
College-Educated
93%
High-School Grad
413.9 sq mi
ZIP Area
24
Density / Sq Mi
$59,899
Median Household Income
$38,854
Median Earnings
$785
Median Rent
$294,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial-zoned property with a top-floor apartment, public restroom, central air, and ramp access.
Where is this mixed-use property located?
The property is located at 16 S STATE St Preston, ID.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Top‑floor apartment of approximately 700 square feet; Month‑to‑month apartment occupancy; Commercial zoning on a 0.08‑acre parcel
More about this property
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