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    1119 State St Eagle, ID 83616

    Sponsored
    For Sale
    $2,600,000

    7,254 SF, $2.6M, Prime Location

    Property size:
    7,254 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 7,254 square foot commercial property, located at 1119 E State St in Eagle, Idaho, presents a unique investment opportunity. Priced at $2,600,000 ($358.42/SF), this building offers a versatile space suitable for both office and restaurant/retail uses. Originally designed for restaurant use, it boasts rare patio space, ideal for outdoor dining or customer engagement. The interior features multiple large offices, conference rooms, and open office areas, making it perfect for executive office suites or a combination of uses. The property's previous use as a precious metals storage facility provides an added benefit of in-place safes and a fully functional security system. Situated in the heart of Eagle, this location offers unparalleled convenience, with easy access to Highway 44 (State Street) and Highway 55 (Eagle Road). The surrounding area is vibrant, featuring a variety of amenities including gyms, retailers, and restaurants, ensuring high foot traffic and visibility. This property is perfectly positioned to capitalize on Eagle's high-growth, high-income demographic. The ample shared parking further enhances its appeal. This is a rare opportunity to own a prime commercial property in the desirable downtown Eagle area.

    Property Features for 1119 State St

    General Information

    Property type
    Restaurants
    Square Feet
    7,254 SF

    HighLights

    • Quality Eagle office condo, 7,254 SF, for sale at $2,600,000 ($358.42/SF).
    • Convenient Eagle location with easy Highway 44 & 55 access.
    • Rare downtown Eagle ownership opportunity.
    • Excellent potential for retail use, including restaurant.
    • Existing patio ideal for outdoor dining.
    • Features in‑place safes and a fully functional security system from prior precious metals use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Eagle
    County
    Ada
    State
    Idaho
    Longitude
    -116.3403795
    Latitude
    43.6927055

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    FAQs

    What type of property is this?
    Restaurant - 7,254 SF, $2.6M, Prime Location
    Where is this restaurant located?
    The property is located at 1119 State St Eagle, ID.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: Quality Eagle office condo, 7,254 SF, for sale at $2,600,000 ($358.42/SF).; Convenient Eagle location with easy Highway 44 & 55 access.; Rare downtown Eagle ownership opportunity.
    Request Owner's contact information
    1119 State St Eagle, ID 83616
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    Eagle, ID 83616
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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
    1119 State St Eagle, ID 83616
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