271 1 Ave Ketchum, ID 83340
- Retail properties
- 8,688 SF
Current Use by Public Records
- Retail properties
Property Details for 271 1 Ave
- Property size
- 8,688 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional mixed-use property, located in the heart of downtown Ketchum, Idaho, presents a compelling investment opportunity. The 8,688 square foot building, constructed in 1986 and 2000, sits on an oversized 8,250 square foot lot and boasts a desirable Community Core zoning designation. The property features one building with two stories, encompassing four units: two ground-floor commercial spaces and two second-floor apartments. Currently operating at 100% occupancy, the building benefits from long-term, stable tenants, including established businesses such as Sun Valley Title and Kneeland Gallery. The asking price is $4,495,000, translating to $517.38 per square foot. Access is available from both 1st Avenue and a convenient alleyway, with garages provided for the residential units. This stabilized investment offers a prime location in Ketchum's vibrant downtown core, presenting a rare opportunity to acquire a well-established, high-performing mixed-use asset with significant upside potential. The property's address is 271 N 1st Avenue, Ketchum, ID 83340, and its APN is RPK00000580020. The ownership is fee simple.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ketchum
- County
- Blaine
- State
- Idaho
- Longitude
- -114.365
- Latitude
- 43.6793
