Mixed-Use Building with Full
For Sale
$349,900
440 E Center, Pocatello, ID 83201
Commercial General zoning and a potential upper-floor residential layout support consideration of more than one use.
Property Size3,400 SF
Price / SF$102.91
Days on Market21
Property Features for 440 E Center
General Information
Standard status
Active
Size
3,400 SF
Property subtype
Commercial
Zoning
Commercial General
Amenities
basement storage
3
Full Basement
1700
Forced Air
0.1
Brick,Stucco
City/Public Water
1
Building Details
Building Size
3,400 SF
Buildings
1
Stories
2
Listing Agency:
RE/MAX Peaks
(208) 510-0551
Listed By:
Tayte Lackey · License #SP53310
(208) 427-4460
Source:
Evolvbrokerage
Added: Oct 9
Changed: Oct 29
Last Checked: Oct 28 at 7:29AM
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 RE/MAX Peaks
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Investment Insights
Based on property information with market context.
The 3,400-square-foot brick and stucco building has a full basement and forced-air heating. Its layout may accommodate commercial space on the main floor and apartments above, with basement storage serving either use. The property is served by city/public water and is zoned Commercial General.
Key Highlights
- 3,400‑square‑foot mixed‑use property
- Full basement offers storage space
- Potential main‑floor commercial space with apartments above
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,002
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,040
$600.0K
Cap Rate 7%
$428,600
$428.6K
Cap Rate 9%
$333,356
$333.4K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$44.9K $13.20/SF
− Vacancy
−$2.0K −$0.59/SF
EGI
$42.9K $12.61/SF
− OpEx
−$12.9K −$3.78/SF
NOI
$30.0K $8.82/SF
Area
Bannock County, ID
Vacancy
4.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,040
Cap Rate 7%
$428,600
Cap Rate 9%
$333,356
Alternative Uses
Best Use
Retail
$428.6K
$375.0K – $500.0K
NOI $30,002 @ 7.0% cap · market cap 8.57%
Second Best
Mixed Use
$333.3K
$291.7K – $388.9K
NOI $23,333 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$563.4K
$493.0K – $657.3K
NOI $39,437 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,991
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial General zoning and a potential upper-floor residential layout support consideration of more than one use.
Where is this mixed-use property located?
The property is located at 440 E Center Pocatello, ID.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 3,400‑square‑foot mixed‑use property; Full basement offers storage space; Potential main‑floor commercial space with apartments above
