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Leased Medical Office Space
For Sale
$550,000

240 N 18th, Pocatello, ID 83201

COMMERCIAL/INDUSTRIAL, Pocatello, ID

Property SizeContact for details
Lot Size0.58 Acres
Days on Market216

Property Features for 240 N 18th

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial General
Subdivision Pocatello Townsite
Standard status Active
Lot size 0.58 Acres

Taxes and HOA fees

Tax Description Lots 1-5 and N25' lot 6, Vac Alleyway Block 10 Pocatello Townsite
Tax Annual Amount 6972
Legal Description Lots 1-5 and N25' lot 6, Vac Alleyway Block 10 Pocatello Townsite

Utilities

Heating system Forced Air

Building Details

Year built 1966
Roof type Membrane
Listing Agency: Premier Properties Real Estate Co.
Listed By: Gil Judkins · License #SP22346
Added: Mar 1 Changed: Sep 7 Last Checked: Oct 3 at 5:06PM
MLS# 581812

Copyright © 2026 Greater Pocatello Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This medical office property occupies a 0.58-acre site and was constructed in 1966. Building systems include forced-air heating and a membrane roof, while Commercial General zoning applies to the property.

Existing leases remain in place through 2029 and include extension options. The stated 6.2% cap rate is based on 2025 income and expenses. The property is located at 240 N 18th in Pocatello, near the university.

Key Highlights

  • Leases in place through 2029 with extension options
  • 6.2% cap rate based on 2025 income and expenses
  • 0.58‑acre medical office property

Property Analytics

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Current Use

Refine Medical Aesthetics Medical Clinic Ocean Massage Alternative Medicine Practice Jennifer Sanderson Physician

Suggested Use

Top Pick HVAC Service Auto Parts Store Bakery Big Box & Wholesale Store Electrical Service Garden Center

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

Location Intelligence

Trade Area within ½ mile

866
Businesses Nearby
Under-served
Demand for This Use

Demographics for 83201, ID

38,921
Population
15,885
Households
2.5
Avg Household Size
33
Median Age
34%
College-Educated
94%
High-School Grad
34.2 sq mi
ZIP Area
1,138
Density / Sq Mi
$63,209
Median Household Income
$34,118
Median Earnings
$905
Median Rent
$256,100
Median Home Value
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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Similar Off Market Nearby

  • Community Animal Hospital — 833 N 12th Ave, Pocatello, ID 83201

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office property with existing leases through 2029 and extension options.
Where is this medical office space located?
The property is located at 240 N 18th Pocatello, ID.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Leases in place through 2029 with extension options; 6.2% cap rate based on 2025 income and expenses; 0.58‑acre medical office property
More about this property
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