For Sale
$4,495,000

271 1 AveKetchum, ID 83340

Downtown Ketchum, fully leased, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
111
This exceptional mixed-use property, located in the heart of downtown Ketchum, Idaho, presents a compelling investment opportunity. The 8,688 square foot building, constructed in 1986 and 2000, sits on an oversized 8,250 square foot lot and boasts a desirable Community Core zoning designation. The property features one building with two stories, encompassing four units: two ground-floor commercial spaces and two second-floor apartments. Currently operating at 100% occupancy, the building benefits from long-term, stable tenants, including established businesses such as Sun Valley Title and Kneeland Gallery. The asking price is $4,495,000, translating to $517.38 per square foot. Access is available from both 1st Avenue and a convenient alleyway, with garages provided for the residential units. This stabilized investment offers a prime location in Ketchum's vibrant downtown core, presenting a rare opportunity to acquire a well-established, high-performing mixed-use asset with significant upside potential. The property's address is 271 N 1st Avenue, Ketchum, ID 83340, and its APN is RPK00000580020. The ownership is fee simple.

Highlights

  • Prime Ketchum, ID downtown location.
  • Oversized 8,250 sq ft lot.
  • Mixed-use building with four units: two commercial, two residential; currently 100% occupied.

Property Details for 271 1 Ave

Property type
Retail properties, Office properties
Square Feet
8,688 SF
Buildings
1
Stories
2
Units
4

Location Insight

City
Ketchum
County
Blaine
State
Idaho
Latitude
43.67931791107
Longitude
-114.36547554752
271 1 Ave, Ketchum, Idaho

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271 1 Ave
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