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    OFF-MARKET
    Commercial real estate

    385 1 St, Notus, ID 83656

    0.28 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, situated in the heart of Notus, Idaho, presents a unique investment opportunity. The 6,068 square foot building boasts a classic brick/stucco exterior and is strategically divided into three distinct commercial spaces currently occupied by the City Library, City Community Center, and the U.S. Post Office. This established tenancy provides immediate and consistent income streams. Adding to its versatility, the property also includes two residential apartments located at the rear, further enhancing its revenue-generating potential. The main building sits on a 0.28-acre lot, and an additional 0.103-acre lot directly adjacent to the south is included in the sale, offering expansion possibilities or additional parking. The property's prime downtown location ensures high visibility and accessibility, making it an ideal investment for a savvy buyer seeking a diversified income portfolio. The existing tenants provide a stable foundation, while the multiple uses and additional land offer significant room for growth and future development. All information should be independently verified by the buyer.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.28 ac (12,197 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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