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Medical Center Building with Long-Term Tenant
For Sale
$2,750,000

507 S MAIN St, Hailey, ID 83333

COMMERCIAL - Hailey, ID

Property Size4,740 SF
Lot Size0.25 Acres
Price / SF$580.17
Days on Market291

Property Features for 507 S MAIN St

General Information

Property type Commercial Sale
Property subtype Other
Zoning H/B
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 3, Bathroom 2
Subdivision Hailey Townsite
Directions Located on the west side of Main Street.
Standard status Active
APN RPH0000008003A
Size 4,740 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description HAILEY LOTS 3,4,5 BLK 8
Tax Annual Amount 6298
Legal Description HAILEY LOTS 3,4,5 BLK 8

Building Details

Year built 1991
Roof type Composition
Listing Agency: Keller Williams Sun Valley Southern Idaho · Keller Williams Realty
Listed By: Rixon + Cronin
Added: Oct 16, 2025 Changed: Jul 31 Last Checked: Aug 2 at 6:06AM
MLS# 25-333768

Copyright © 2026 Sun Valley Board 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.

Medical center building on Main Street in Hailey, Idaho, currently occupied by Sterling Urgent Care under a long-term lease. The lease has six years remaining, with one five-year option to extend.

The building was totally remodeled in 2018 and is supported by a composition roof. Additional property details include 4,740 square feet of building area on a 0.25-acre lot, with zoning listed as H/B. The property is described as a well-located Main Street commercial asset.

Lease terms noted for the current arrangement include a 6.2% cap rate figure and annual increases, providing a defined framework for the remaining lease term and extension option.

Key Highlights

  • Sterling Urgent Care long‑term tenant; six years remaining on the current lease
  • One five‑year option to extend
  • Building totally remodeled in 2018

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.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

841
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Medical center - Remodeled medical center on Main Street with a long-term tenant and six years remaining on the current lease.
Where is this medical center 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: Sterling Urgent Care long‑term tenant; six years remaining on the current lease; One five‑year option to extend; Building totally remodeled in 2018
More about this property
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