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1301 17Th St Idaho Falls, ID 83404

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For Sale
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Prime location, high cap rate, 9,500 SF.

Property size:
9,500 SF

Property Features for 1301 17Th St

General Information

Property type
Office Properties & Spaces
Square Feet
9,500 SF

Building Details

Year Built
1986

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Listing Contact
Ryan Hatch
Ryan Hatch

Listing Agency: Silvercreek Realty Group Listing Agent: Ryan Hatch

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional executive office building, located at 1301 17th Street in Idaho Falls, Idaho, presents a compelling investment opportunity. The 9,500 square foot building, constructed in 1986 and situated in a Commercial/Idaho Falls-PB-profess Busines zoned area, boasts a recently remodeled interior. Currently, the property is 95% leased to a single healthcare organization under a five-year lease generating $162,000 annually. A secondary tenant occupies a smaller space on a month-to-month basis, contributing an additional $1,500 per month in rental income. The asking price is $2,000,000, translating to a price per square foot of $210.53 and a cap rate of 6.5%. The building features a 3,150 square foot below-grade area. This property offers a stable investment with significant upside potential, particularly given the possibility of owner-occupancy in the currently month-to-month leased executive suite. The prime location on 17th Street in Idaho Falls ensures high visibility and accessibility. An adjacent property may also be available for purchase.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

The Counseling Clinic of Youth ... Family Counselor America Health Cognition ... Crisis Center Leslie Barton Physician Rachel Peay-Goodman Physician Myers Insurance Services Insurance Agency

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Idaho Falls
County
Bonneville
State
Idaho
Longitude
-112.0081907
Latitude
43.4827885

FAQs

What type of property is this?
Office Property / Space - Prime location, high cap rate, 9,500 SF.
Where is this office property / space located?
The property is located at 1301 17Th St Idaho Falls, ID.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Below-Grade Square Footage: 3,150 SF; ;
(208) 201-4887 Call to check price and availability
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