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The Porter Block Mixed-Use Property
For Sale
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618 Main St, Lewiston, ID 83501

Modernized retail suites occupy the ground floor beneath an upper-level apartment component.

Property SizeContact for details
Days on Market144

Property Features for 618 Main St

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Retail

Additional Details

Cap Rate 6.8%
Multifamily Units 5
Listing Agency: Sagareus Real Estate
Listed By: Justin Sult · License #WA 120336
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 4:20PM

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 Sagareus Real Estate

Investment Insights

Based on property information with market context.

The Porter Block is a mixed-use property at 618 Main St in Lewiston, ID 83501, combining residential and retail components in one building. The upper level contains 5 apartment units, while the ground floor is configured with 3 modernized retail suites.

The property presents an established mixed-use format with both apartment and storefront space. Financial performance is reported at a 6.8% actual 2024 cap rate, with an 8.4% pro forma cap rate identified as achievable within the first year of ownership.

Key Highlights

  • 5 apartment units
  • 3 modernized retail suites
  • Apartments positioned above ground‑floor retail space

Property Analytics

Current Use

Iconique Boutique Clothing & Fashion Store

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Garden Center Computer & Electronic Repair Locksmith Parking Lot & Garage

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

960
Businesses Nearby

Demographics for 83501, ID

36,793
Population
16,143
Households
2.3
Avg Household Size
41
Median Age
27%
College-Educated
93%
High-School Grad
244.3 sq mi
ZIP Area
151
Density / Sq Mi
$71,909
Median Household Income
$42,238
Median Earnings
$948
Median Rent
$297,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Modernized retail suites occupy the ground floor beneath an upper-level apartment component.
Where is this mixed-use property located?
The property is located at 618 Main St Lewiston, ID.
What are key features of this property?
This property features: 5 apartment units; 3 modernized retail suites; Apartments positioned above ground‑floor retail space
More about this property
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