11 12Th Ave Rd Nampa, ID 83651
This exceptional mixed-use property, located at 11 12th Ave Rd in Nampa, Idaho, presents a unique investment opportunity. Built in 1889, this 3,080 square foot building boasts a rich history, having served as a butcher shop, lounge, and most recently, Pete's Tavern. The main level features two separate entertaining areas, potentially ideal for a restaurant's back kitchen setup. Significant updates have been made to the plumbing, electrical, and sewer lines during the 1990s and 2000s. A full basement offers access to the renowned Nampa tunnels, adding a distinctive character to the property. Upstairs, a recently remodeled 1,160 square foot, two-bedroom, one-bathroom apartment includes a new water heater, swamp cooler, and furnace. This apartment features three entrances, one directly connecting to the main level, making it perfect for an owner-occupant. The property includes one parking space behind the building, supplemented by ample street parking. The 0.07-acre lot is zoned DH, offering flexibility for various uses. The asking price is $700,000, translating to $227.27 per square foot. A built-in cooler is on-site. The current tenant has agreed to lease the apartment for one year post-purchase. This prime location in revitalized downtown Nampa offers significant potential for a variety of businesses and residential uses.
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Pete's Tavern Bar & Pub
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.