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    171 6 St Ketchum, ID 83340

    Sponsored
    For Sale
    $2,695,000

    Prime Ketchum office, vacant, 4,828 SF

    Property size:
    4,828 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story office building, located at 171 W 6th Street in Ketchum, Idaho, presents a unique investment opportunity. Boasting 4,828 square feet on an expansive 8,250 square foot lot, this property offers ample space and excellent on-site parking. The main floor comprises seven private offices, a sizable conference room, open workspace, two bathrooms, and a dedicated file room. Upstairs, a loft area features a kitchen, bathroom, separate break room, and storage. A large basement, accessible via two separate entrances, provides additional storage capacity. The building, constructed in 1982, is zoned Community Core and currently sits vacant, although it is under lease until January 24, 2025. The existing tenant is amenable to early termination should the property be purchased for owner-occupancy, redevelopment, or adaptive reuse. The asking price is $2,695,000, translating to $558.20 per square foot. This represents a compelling opportunity in the desirable Ketchum market, priced below replacement cost. The property's location in the heart of Ketchum offers exceptional visibility and accessibility. The building's versatile layout and substantial lot size make it suitable for a variety of uses. Detailed offering materials are available upon request.

    Property Features for 171 6 St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,828 SF

    Building Details

    Year Built
    1982
    Buildings
    1
    Stories
    2

    HighLights

    • Highly desirable Ketchum location.
    • Offered below replacement cost.
    • Currently vacant, but with a lease in place through January 2025 (tenant will vacate upon request).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ketchum
    County
    Blaine
    State
    Idaho
    Longitude
    -114.3691397
    Latitude
    43.6806615

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Ketchum office, vacant, 4,828 SF
    Where is this office property / space located?
    The property is located at 171 6 St Ketchum, ID.
    What is the asking price?
    The asking price for this property is $2,695,000.
    What are key features of this property?
    This property features: Highly desirable Ketchum location.; Offered below replacement cost.; Currently vacant, but with a lease in place through January 2025 (tenant will vacate upon request).
    (208) 726-1918
    Request Owner's contact information
    171 6 St Ketchum, ID 83340
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    Ketchum, ID 83340
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    171 6 St Ketchum, ID 83340
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