111 & 131 Ave Ketchum, ID 83340
This exceptional Ketchum, Idaho commercial property presents a unique investment opportunity. Located at 111 & 131 East Ave, this offering encompasses two commercial lots totaling 0.26 acres. The property features a beautifully remodeled home, originally constructed in the late 1800s or early 1900s. A complete renovation down to the studs was undertaken in 2012, resulting in a modern interior while retaining the home's historic charm. The 2,000 square foot home sits on a corner lot, offering excellent visibility and accessibility. A gated entry ensures privacy, creating a tranquil oasis despite its central location. The property's prime location provides unparalleled convenience, with grocery stores, coffee shops, restaurants, and shopping all within two blocks. A nearby bus stop offers easy access to local ski resorts. This property is ideal for a variety of commercial uses, offering a blend of historical character and modern amenities in a highly desirable Ketchum location. The asking price is $7,450,000. This is a rare opportunity to acquire a significant commercial property in the heart of Ketchum. The combination of location, size, and recent renovations makes this a truly exceptional offering.
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
Physical attributes from public recordsZoning & alternative use
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.