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Multi-Level Flex Space
For Lease
$60,000 Modified Gross

324 Hansen St E, Twin Falls, ID 83301

Flexible commercial space combines open work areas, private offices, and separate basement access in a modified gross lease structure.

Space Size11,592 SF
Days on Market15

Property Features for 324 Hansen St E

General Information

Standard status Active
Size 11,592 SF
Lease Type Modified Gross

Space & Availability

Divisible Yes
Space Use Flex
Sublease No

Additional Details

Flexible Term Yes

Building Details

Building Size 11,592 SF
Listing Agency: Westerra Real Estate Group
Listed By: Ryan Leiser
Source: Scotreidrealty
Added: Aug 20 Changed: Aug 28 Last Checked: Sep 1 at 8:38PM

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 Westerra Real Estate Group

Investment Insights

Based on property information with market context.

This 11,592-square-foot flex property occupies a commercial building with usable space on both the main level and basement. The layout includes two expansive open areas, several offices, and two restrooms, supporting a mix of operational and administrative functions. The lower level has an independent entrance, adding separation between floors and allowing for adaptable occupancy arrangements.

The property is located at 324 Hansen St E in Downtown Twin Falls, Idaho. Leasing options include the full building or a portion of the space, with lease duration subject to negotiation. The offering is structured as a modified gross lease.

Key Highlights

  • 11,592 SF commercial building with main‑level and basement space
  • Two large open flex areas plus multiple offices
  • Basement includes its own entrance

Property Analytics

Current Use

South Central Headstart High School Alternative Stone Home Decor Store

Suggested Use

Top Pick Wine and Liquor Store HVAC Service (Bike/Boat/Book/etc) Store Restaurant Veterinary Clinic Carpet & Flooring Store

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,600
Businesses Nearby
Balanced
Demand for This Use

Demographics for 83301, ID

60,789
Population
24,466
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
295.7 sq mi
ZIP Area
206
Density / Sq Mi
$62,388
Median Household Income
$36,276
Median Earnings
$1,011
Median Rent
$290,600
Median Home Value

Market

Lease Benchmarks for Twin Falls, ID

$154 /SF/Yr
Avg Asking Price
$12–$364 /SF/Yr
Price Range
5,623 SF
Avg Space Size

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
Rey
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Similar Off Market Nearby

  • Stone House & Co. 330 4th Ave S, Twin Falls, ID 83301
  • After Hours Mobile Bar 600 Main Ave N, Twin Falls, ID 83301
  • Catering Room by Norms Cafe 827 Main Ave W, Twin Falls, ID 83301

Frequently Asked Questions

What type of property is this?
Flex space - Flexible commercial space combines open work areas, private offices, and separate basement access in a modified gross lease structure.
Where is this flex space located?
The property is located at 324 Hansen St E Twin Falls, ID.
What is the lease rate?
The lease rate is $60,000.
What are key features of this property?
This property features: 11,592 SF commercial building with main‑level and basement space; Two large open flex areas plus multiple offices; Basement includes its own entrance
More about this property
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