Multi-Tenant Office and Restaurant

3544 17th Street Idaho Falls, ID 83406

Claim this Listing
New
For Sale
$3,250,000

COMMERCIAL - Idaho Falls, ID

Property size:
26,967 SF
Lot size:
2.00 Acres
Price / SF:
$120/SF
Added:
Jul 10, 2026
Days on Market:
1
Last Refresh:
Jul 10 at 7:06 pm

Property Features for 3544 17th Street

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
RPB8701000004O
Size
26,967 SF
Lot size
2.00 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
UNIT1& 4, EAGLE PINES PLAZA CONDO'S AMENDED # 1 LOT 1, BLOCK 1, EAGLE
Tax Annual Amount
24070

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public

Building Details

Year built
2006
Floors in Building
2
Building materials
Brick, Stucco
Roof type
Shake

Listing agent Shane Murphy License #DB24210

Listing office Venture One Properties 434 Gladstone, Idaho Falls, ID

Listing date Jul 10, 2026

MLS# 2173289

Copyright © 2026 Snake River Regional MLS. 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.

Eagle Pines Plaza is a multi-tenant investment property featuring a 4,000 SF corner-lot restaurant building and a 22,967 SF modern professional office building with multiple tenants. Building amenities include two upper-level common-area balconies and a common-area kitchen/break-room. The property is designed to support tenant operations with 129 on-site parking spaces.

The site is located near major hospitals and shopping areas, providing convenient access to surrounding daily needs.

Offered for sale as a single package on approximately 2 acres, the property combines restaurant and office space within one ownership structure.

Key Highlights

  • Two‑building, multi‑tenant property on approx. 2 acres in the Ammon corridor, including a 4,000 SF corner‑lot restaurant building and a 22,967 SF office building
  • 2006‑built construction with brick and stucco exteriors
  • Public utilities: public water and public sewer

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 $453.0k $16.80
− Vacancy −$63.4k −$2.35
EGI $389.6k $14.45
− OpEx −$97.4k −$3.61
NOI $292.2k $10.84
26,967 SF · lease $16.80/SF/yr · vacancy 14.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$4.56M
$3.99M – $5.32M (±1% cap)
NOI $319,458 @ 7.0% cap · market cap 9.83%
Second Best
Office B
$4.17M
$3.65M – $4.87M (±1% cap)
NOI $292,214 @ 7.0% cap · market cap 8.99%
Theoretical Best
Office A
$5.96M
$5.21M – $6.95M (±1% cap)
NOI $417,061 @ 7.0% cap · market cap 12.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Teton Retinal Institute Physician Darryl Moffett, MD Ophthalmologist Eagle Pines Plaza Business Service Center Bugbee Bookkeeping LLC Accounting Firm Crittenden Report Real Estate Agency

Suggested Use

Restaurant Big Box & Wholesale Store Building Supply Auto Parts Store HVAC Service Garden Center Kitchen & Bath Showroom Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Eagle Pines Plaza pairs a corner-lot restaurant building with a multi-tenant professional office and 129 parking spaces.
Where is this office building located?
The property is located at 3544 17th Street Idaho Falls, ID.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Two‑building, multi‑tenant property on approx. 2 acres in the Ammon corridor, including a 4,000 SF corner‑lot restaurant building and a 22,967 SF office building; 2006‑built construction with brick and stucco exteriors; Public utilities: public water and public sewer
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