C Lots 16-20 Avenue Jerome, ID 83338
- Commercial real estate
- 4,248 SF
- 0.72 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for C Lots 16-20 Avenue
- Lot size
- 0.72 lot acres
- Property size
- 4,248 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property in Jerome, Idaho, presents a unique investment opportunity. Encompassing 0.72 acres, this offering includes five contiguous lots, each measuring 50x125 feet, providing a substantial 4,248 square feet of buildable space. The property is fully fenced, enhancing security and providing a defined perimeter. A pre-existing shop/building is included in the sale, offering immediate utility or potential for renovation and expansion. The strategic location ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The significant acreage allows for ample room to construct additional buildings, catering to future expansion needs or the development of multiple commercial units. This property's size and location make it a highly attractive proposition for businesses seeking a prominent presence in Jerome. The potential for expansion, combined with the existing building, presents a versatile opportunity for immediate use and long-term growth. Consider the added advantage of potentially combining this purchase with three adjacent lots across the street (sold separately), creating an even larger and more impactful commercial footprint. This is a rare opportunity to acquire a substantial and well-positioned commercial property in a thriving Idaho community. The asking price is $265,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jerome
- County
- Jerome
- State
- Idaho
- Longitude
- -114.519
- Latitude
- 42.7212