160 Grand Ave Arco, ID 83213
This remarkable 3-level structure, located at 160 W Grand Avenue in Arco, Idaho, presents a unique investment opportunity. Built in 1900, a year before the railroad arrived, this building boasts a rich history, having served as a general store (J.E. SMITH & CO.), a Texaco gas station, a barber shop, and a residence. Its enduring presence has made it a cornerstone of the Arco community for over 120 years. The building sits on a 0.12-acre lot and features open and bright main and upper levels, retaining its original tin ceilings. Significant cleanup efforts commenced three years ago, preparing this historic landmark for its next chapter. The building's stone construction and palpable sense of history offer a unique opportunity for adaptive reuse. The seller is potentially open to financing a portion of the purchase price, making this an accessible investment for a wide range of buyers. This is a chance to acquire a piece of Arco's history and contribute to its revitalization. The property's central location and substantial size offer considerable potential for a variety of commercial or mixed-use ventures. The building's character and history make it an ideal candidate for restoration and repurposing, ensuring its continued role as a community landmark.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.