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507 S Main St, Hailey, ID 83333

Commercial property with long-term tenant and great visibility.

Property Size4,740 SF
Price / SF$580.17
Days on Market165

Property Features for 507 S Main St

General Information

Standard status Active
Size 4,740 SF
Property subtype Retail
Zoning H/B

Building Details

Year Built 1991
Year Renovated 2018
Stories 2
Listing Agency: Keller Williams Sun Valley Southern Idaho
Listed By: Rob Cronin · License #ID
Source: Crexi
Added: Mar 11 Changed: Aug 14 Last Checked: Aug 21 at 6:42AM

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 Keller Williams Sun Valley Southern Idaho

Investment Insights

Based on property information with market context.

This well-located commercial property on Main Street offers high visibility and features a long-term tenant. The building was totally remodeled in 2018. The current lease has six years remaining with Sterling Urgent Care, along with one 5-year option to extend. The property generates an annual rent of $187,884 with annual increases, resulting in a 6.2% CAP. The property size is 4,740 square feet.

Key Highlights

  • High visibility Main Street location.
  • Long‑term tenant (Sterling Urgent Care) in place.
  • 6.2% CAP rate.

Property Analytics

Current Use

Sterling Urgent Care Medical Clinic Zachariah Rollins Physician David Budge Physician KYLEE RICHMOND Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Auto Parts Store Parking Lot & Garage HVAC Service Tattoo & Piercing Shop

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

841
Businesses Nearby
37k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Groceries 37% Home Improvements & Furnishings 18% Electronics 3%
Atkinsons Market Groceries
13,677 visits/mo 0.3 miles
Idaho Lumber & Ace Hardware Home Improvements & Furnishings
6,567 visits/mo 0.3 miles
Chevron Shops & Services
4,399 visits/mo 0.2 miles
O'Reilly Auto Parts Shops & Services
4,385 visits/mo 0.5 miles
Wells Fargo Shops & Services
3,835 visits/mo 0.3 miles

Demographics for 83333, ID

11,775
Population
5,525
Households
2.1
Avg Household Size
42
Median Age
48%
College-Educated
93%
High-School Grad
520.6 sq mi
ZIP Area
23
Density / Sq Mi
$86,142
Median Household Income
$41,897
Median Earnings
$1,375
Median Rent
$688,400
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?
Retail space - Commercial property with long-term tenant and great visibility.
Where is this retail space located?
The property is located at 507 S Main St Hailey, ID.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: High visibility Main Street location.; Long‑term tenant (Sterling Urgent Care) in place.; 6.2% CAP rate.
More about this property
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