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    11 12Th Ave Rd Nampa, ID 83651

    Sponsored
    For Sale
    $700,000

    Downtown Nampa gem: restaurant, bar, apartment.

    Property size:
    3,080 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 11 12th Ave Rd in Nampa, Idaho, presents a unique investment opportunity. Built in 1889, this 3,080 square foot building boasts a rich history, having served as a butcher shop, lounge, and most recently, Pete's Tavern. The main level features two separate entertaining areas, potentially ideal for a restaurant's back kitchen setup. Significant updates have been made to the plumbing, electrical, and sewer lines during the 1990s and 2000s. A full basement offers access to the renowned Nampa tunnels, adding a distinctive character to the property. Upstairs, a recently remodeled 1,160 square foot, two-bedroom, one-bathroom apartment includes a new water heater, swamp cooler, and furnace. This apartment features three entrances, one directly connecting to the main level, making it perfect for an owner-occupant. The property includes one parking space behind the building, supplemented by ample street parking. The 0.07-acre lot is zoned DH, offering flexibility for various uses. The asking price is $700,000, translating to $227.27 per square foot. A built-in cooler is on-site. The current tenant has agreed to lease the apartment for one year post-purchase. This prime location in revitalized downtown Nampa offers significant potential for a variety of businesses and residential uses.

    Property Features for 11 12Th Ave Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,080 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1889
    Buildings
    1
    Stories
    2

    HighLights

    • Historic Downtown Nampa building.
    • Multi‑use property with ground‑floor retail and upper‑level apartment.
    • On‑site walk‑in cooler.
    • Two main‑level entertainment spaces.
    • Excellent Downtown Nampa location, surrounded by revitalized developments.
    • Flexible zoning allows diverse uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pete's Tavern Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nampa
    County
    Canyon
    State
    Idaho
    Longitude
    -116.5594698
    Latitude
    43.5793724

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    FAQs

    What type of property is this?
    Individual retail property - Downtown Nampa gem: restaurant, bar, apartment.
    Where is this individual retail property located?
    The property is located at 11 12Th Ave Rd Nampa, ID.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Historic Downtown Nampa building.; Multi-use property with ground-floor retail and upper-level apartment.; On-site walk-in cooler.
    Request Owner's contact information
    11 12Th Ave Rd Nampa, ID 83651
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    Nampa, ID 83651
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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
    11 12Th Ave Rd Nampa, ID 83651
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