24 5Th St Ashton, ID 83420
- Commercial real estate
- 0.22 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 24 5Th St
- Lot size
- 0.22 lot acres
- Property type
- Commercial real estate
- APN
- RPA0002046001A
- APU
- RPA0002046001A
Description
This exceptional 0.09-acre property at 24 S 5th Street in Ashton, Idaho, presents a unique investment opportunity as a thriving event center or nightly rental. Its prime location offers unparalleled convenience, situated within walking distance of five restaurants, a nearby public pool, and a park complete with pickleball courts. The property boasts a generously sized, open-plan interior perfect for large gatherings and accommodating families. The expansive kitchen features a substantial 15x5 island, ideal for catering and large-scale food preparation. Sleeping arrangements are plentiful, with four rooms providing a total of nine beds, ensuring comfortable lodging for up to eighteen guests. Two full bathrooms add to the convenience and functionality of the space. A highlight of this property is the impressive theater room, equipped with a large 86-inch television, providing an ideal space for entertainment. The property also benefits from rooftop air conditioning, ensuring comfortable temperatures year-round. This versatile property is ready for immediate occupancy and presents significant potential for continued success as a rental property or event venue. The combination of location, amenities, and sleeping capacity makes this a truly exceptional offering. The property is priced at $399,900.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $395,000
- 6.5%
- $395,000
- 7%
- $385,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $405,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $345,000
- Retail
- $395,000
- Mixed-Use
- $475,000
- Hospitality
- $340,000
- Educational
- $345,000
- Residential Income
- $405,000
- Energy
- $350,000
- Income-Based Land
- $370,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Ashton
- County
- Fremont
- State
- Idaho
- Longitude
- -111.449
- Latitude
- 44.071
- CBSA code
- 39940
- CBSA name
- REXBURG, ID MICROPOLITAN STATISTICAL AREA