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Property profile

171 6 St Ketchum, ID 83340

OFF-MARKET
Office Spaces
4,828 SF Built 1982
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Property summary

AI-generated overview

This exceptional two-story office building, located at 171 W 6th Street in Ketchum, Idaho, presents a unique investment opportunity. Boasting 4,828 square feet on an expansive 8,250 square foot lot, this property offers ample space and excellent on-site parking. The main floor comprises seven private offices, a sizable conference room, open workspace, two bathrooms, and a dedicated file room. Upstairs, a loft area features a kitchen, bathroom, separate break room, and storage. A large basement, accessible via two separate entrances, provides additional storage capacity. The building, constructed in 1982, is zoned Community Core and currently sits vacant, although it is under lease until January 24, 2025. The existing tenant is amenable to early termination should the property be purchased for owner-occupancy, redevelopment, or adaptive reuse. The asking price is $2,695,000, translating to $558.20 per square foot. This represents a compelling opportunity in the desirable Ketchum market, priced below replacement cost. The property's location in the heart of Ketchum offers exceptional visibility and accessibility. The building's versatile layout and substantial lot size make it suitable for a variety of uses. Detailed offering materials are available upon request.

Property profile

Verified
Property type Office Spaces
Year built 1982
Total area 4,828 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

171 6 St Ketchum, ID 83340
Ketchum metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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