Central Blvd Cambridge, ID 83610
This exceptional investment property presents a rare opportunity to acquire a piece of Cambridge, ID history. Located at the prominent corner of Superior Street and Central Boulevard, this 5,358 square foot building boasts a rich heritage, dating back to 1907, and currently houses the thriving Li's Chinese Kitchen restaurant. The property also includes a spacious 1,600 square foot, two-bedroom, one-and-a-half-bathroom apartment, providing additional income potential. The building sits on a 0.32-acre lot, with an additional 0.16-acre parcel at the rear offering significant expansion possibilities for future development. This prime location in the heart of downtown Cambridge ensures high visibility and accessibility, making it an ideal investment for both seasoned and aspiring investors. The strong existing tenant and the potential for growth make this a truly compelling opportunity to capitalize on the prosperity of this vibrant community. The property's size, location, and existing income streams combine to create a unique and attractive investment proposition. Don't miss this chance to own a piece of Cambridge's legacy and secure a promising future for your portfolio. The asking price is $449,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.