129 Main Ave, Jerome, ID 83338
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.
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
Similar Nearby for Lease
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.