1258 Overland Ave Burley, ID 83318
- Commercial real estate
- 0.14 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1258 Overland Ave
- Lot size
- 0.14 lot acres
- Property type
- Commercial real estate
- APN
- RPBB001120017A
- APU
- RPBB001120017A
Description
This iconic 10,702 square foot building, situated on a 0.23-acre lot at 1258 Overland Ave in downtown Burley, ID, presents a unique investment opportunity. Originally constructed over a century ago as a bank, this stately structure boasts a rich history, having served the community as a bank, market, department store, and most recently, as retail space. The attached building on 13th Street adds to the property's considerable footprint and has housed a travel agency for many years. The elegant upper level, previously utilized as professional office space for various businesses including a corporate headquarters, offers significant untapped potential. While currently vacant, this expansive area retains its original charm and presents a blank canvas for creative redevelopment. A full basement further enhances the property's versatility. This centrally located property in Burley's vibrant downtown area is ideally positioned to capitalize on the community's growth and offers a rare chance to revitalize a piece of local history. The property's size, location, and historical significance make it an exceptional investment opportunity for those seeking a unique and substantial project. The asking price is $495,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Burley
- County
- Cassia
- State
- Idaho
- Longitude
- -113.794
- Latitude
- 42.5369
- CBSA code
- 15420
- CBSA name
- BURLEY, ID MICROPOLITAN STATISTICAL AREA
