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    401 Main St Caldwell, ID 83605

    Sponsored
    For Sale
    $3,399,000

    Prime Downtown Location, 23,652 SF

    Property size:
    23,652 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 23,652-square-foot industrial building, situated on a 0.41-acre lot in the heart of Caldwell, Idaho, presents a unique investment opportunity. Built in 1924 and boasting four stories, this mixed-use property is zoned CC, offering versatile potential for various commercial applications. The building features one dock-high door, ample parking, and benefits from a recently replaced roof (2022). Its robust electrical system includes 800 AMP 3-phase 240V power. The property's prime location offers fantastic views and is conveniently located just three minutes from I-84 access and two blocks from Indian Creek Plaza, providing easy access to major transportation routes and nearby amenities. The surrounding area is vibrant, with numerous restaurants and shopping options within easy reach. This freestanding building offers a rare chance to own a piece of Caldwell's history while capitalizing on the city's growth and potential. The asking price is $3,399,000, translating to $143.71 per square foot. Furthermore, the City of Caldwell offers available incentives, making this an even more attractive proposition for discerning investors. This property is ready for immediate occupancy and offers significant upside potential.

    Property Features for 401 Main St

    General Information

    Property type
    Distribution properties
    Square Feet
    23,652 SF
    Lot Size
    17,860 SF

    Building Details

    Year Built
    1924
    Stories
    4

    HighLights

    • Iconic Caldwell, ID downtown property; $3,399,000 sale price.
    • 23,652 SF building on a .41‑acre lot, CC zoning.
    • Freestanding building suitable for retail, office, industrial, or multifamily use.
    • Prime location: 3 minutes from I‑84, 2 blocks from Indian Creek Plaza.
    • Fantastic views and ample parking.
    • New roof (2022), 800 AMP 3‑phase 240V power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Furniture Design Furniture Store

    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
    Caldwell
    County
    Canyon
    State
    Idaho
    Longitude
    -116.6909055
    Latitude
    43.6691997

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    FAQs

    What type of property is this?
    Distribution property - Prime Downtown Location, 23,652 SF
    Where is this distribution property located?
    The property is located at 401 Main St Caldwell, ID.
    What is the asking price?
    The asking price for this property is $3,399,000.
    What are key features of this property?
    This property features: Iconic Caldwell, ID downtown property; $3,399,000 sale price.; 23,652 SF building on a .41-acre lot, CC zoning.; Freestanding building suitable for retail, office, industrial, or multifamily use.
    Request Owner's contact information
    401 Main St Caldwell, ID 83605
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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
    401 Main St Caldwell, ID 83605
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