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    120 2 Ave Ketchum, ID 83340

    Sponsored
    For Sale
    $695,000

    Downtown Ketchum office, 1355 sq ft, 100% occupied.

    Property size:
    1,355 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A office space, located at 120 Second Ave, Unit 204, Ketchum, ID 83340, presents a unique owner-user or investment opportunity. Situated in a high-quality building in downtown Ketchum, this 1,355 square foot unit boasts a prime location within Blaine County. Built in 2001 and renovated in 2015, the property features a single unit within a three-story building, zoned for Community Core use. Currently configured as a professional office, the space includes a large reception/flex area, three private workspaces, one private office, a spacious break room, and a storage area. The sale includes one reserved parking space and one storage unit in the underground garage. The asking price is $695,000, translating to $512.92 per square foot. This fee-simple ownership opportunity is currently 100% occupied, making it an attractive investment. While lease options are not currently available, the property's versatile layout and desirable location make it suitable for a variety of professional uses. A turn-key dental office setup option may be available upon inquiry. The property's APN is RPK08320000150.

    Property Features for 120 2 Ave

    General Information

    Property type
    Medical offices
    Square Feet
    1,355 SF
    Class
    A

    Building Details

    Year Built/Renovated
    2001/2015
    Buildings
    1
    Stories
    3
    Units
    1

    HighLights

    • High‑end Class A office space in downtown Ketchum, ID.
    • 1,355 SF remodeled office, built in 2001, renovated in 2015.
    • Owner‑user or investment opportunity; currently 100% occupied, asking $695,000 ($512.92/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Ketchum
    County
    Blaine
    State
    Idaho
    Longitude
    -114.3654341
    Latitude
    43.6780551

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    FAQs

    What type of property is this?
    Medical office - Downtown Ketchum office, 1355 sq ft, 100% occupied.
    Where is this medical office located?
    The property is located at 120 2 Ave Ketchum, ID.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: High-end Class A office space in downtown Ketchum, ID.; 1,355 SF remodeled office, built in 2001, renovated in 2015.; Owner-user or investment opportunity; currently 100% occupied, asking $695,000 ($512.92/SF).
    Request Owner's contact information
    120 2 Ave 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.

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    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
    120 2 Ave Ketchum, ID 83340
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