385 1 St Notus, ID 83656
- Commercial real estate
- 0.28 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 385 1 St
- Lot size
- 0.28 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Notus
- County
- Canyon
- State
- Idaho
- Longitude
- -116.8
- Latitude
- 43.7258