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    OFF-MARKET
    Commercial real estate

    129 Main Ave, Jerome, ID 83338

    2,500 SF 0.07 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2,500 square foot commercial property, situated at 129 Main Ave E in Jerome, Idaho, presents a compelling investment opportunity. Located on a 0.07-acre lot, the building is exceptionally well-maintained and has recently undergone significant upgrades, ensuring its readiness for immediate occupancy. Its prime location guarantees high visibility and substantial foot traffic, making it ideal for a variety of business ventures. Currently leased to tenants under a 26-month lease agreement, this property offers immediate rental income potential for investors seeking a stable return. Alternatively, the property is equally suited for owner-occupancy, allowing a business owner to establish their presence in a thriving commercial area. The building's recent upgrades contribute to its excellent condition and minimize the need for immediate capital expenditures. The property's size and location make it a versatile option for a range of businesses, from retail to office space, or even a combination thereof. This is a rare opportunity to acquire a well-maintained, high-traffic commercial property in a desirable location with the potential for significant long-term returns. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 2,500 SF
    Lot 0.07 ac (3,049 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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