201 Mckinley AveKellogg, ID 83837

This exceptional mixed-use property, the Rio Hotel, presents a unique investment opportunity in Kellogg, Idaho. Located at 201 Mc Kinley Ave W, this 12,612 square foot complex sits on a 0.16-acre lot (APN: RPD1700001003AA) and comprises three buildings, all situated together. Built in 1909, the property boasts a rich history and is zoned for mixed-use development. The current configuration includes twelve one-bedroom and two two-bedroom suites/apartments, each equipped with a bathroom and a kitchen or kitchenette. Adding to the income potential are three separate commercial suites. Further enhancing the property's value are on-site storage facilities, common area restrooms and showers, and a shared laundry room for residents. This multi-level building offers a blend of residential and commercial spaces, creating a diverse revenue stream. The property's prime location on McKinley Avenue in Kellogg, ID (zip code 83837) provides excellent visibility and accessibility. This is a rare opportunity to acquire a substantial, income-generating property with significant upside potential in a thriving Idaho community. The asking price for this remarkable investment is $630,000.