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Multi-Tenant Office Building
For Sale
$265,000

55 S STATE St, Preston, ID 83263

Commercial Sale, Preston, ID

Property SizeContact for details
Lot Size0.09 Acres
Days on Market274

Property Features for 55 S STATE St

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Comm
Subdivision FRANKLIN
Standard status Active
APN RP04026.01
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 1300

Building Details

Year built 1920
Listing Agency: Cornerstone Real Estate Professionals/Idaho
Listed By: Amber Almond · License #SP48463
Added: Dec 11, 2025 Changed: Sep 10 Last Checked: Sep 11 at 3:06AM
MLS# 2126586

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Investment Insights

Based on property information with market context.

This 0.09-acre office property in Preston dates to 1920 and accommodates multiple month-to-month tenants. Current occupants include a hair salon, aesthetics operation, and massage business, while additional interior area is identified for office or storage use.

Located at 55 S State St, the property provides parking along the main street and behind the building. Electrical service in the rear section was upgraded in 2011, adding a documented improvement to the existing commercial layout.

Key Highlights

  • Multiple month‑to‑month tenants include a hair salon, aesthetics operation, and massage business
  • Additional interior area identified for office or storage use
  • Rear‑section electrical service upgraded in 2011

Property Analytics

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Current Use

Pixel Dust Photography ... Photography Service

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Pharmacy Parking Lot & Garage Furniture & Home Goods Bakery

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

455
Businesses Nearby

Demographics for 83263, ID

9,928
Population
3,610
Households
2.8
Avg Household Size
35
Median Age
21%
College-Educated
93%
High-School Grad
413.9 sq mi
ZIP Area
24
Density / Sq Mi
$59,899
Median Household Income
$38,854
Median Earnings
$785
Median Rent
$294,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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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Frequently Asked Questions

What type of property is this?
Office building - Existing salon, aesthetics, and massage uses occupy the building, with additional space for office or storage use.
Where is this office building located?
The property is located at 55 S STATE St Preston, ID.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Multiple month‑to‑month tenants include a hair salon, aesthetics operation, and massage business; Additional interior area identified for office or storage use; Rear‑section electrical service upgraded in 2011
More about this property
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