802 Main StCaldwell, ID 83605

Property Details for 802 Main St

Year built

1903

Lot size

0.14 AC

Property size (Sq ft)

12,000 SF

Property type

Other commercial real estate

APN

04580000 0

APU

45800000

Description

This exceptional value-add opportunity presents a 14,879 square foot mixed-use building situated on a 0.14-acre lot in Caldwell, Idaho's historic district. The property, built in 1903, features a two-story structure with a permitted C-B zoning designation. Currently fully leased, this asset offers below-market lease rates, providing a significant upside for a new owner. The staggered lease expirations allow for gradual rent increases without substantial income disruption. Its prime location boasts high visibility and foot traffic, ensuring strong leasing activity. The building's position across from Indian Creek Plaza further enhances its appeal and accessibility. This investment is priced at $1,250,000 and represents a rare chance to acquire a well-positioned property in a rapidly developing area, significantly below replacement cost. The property's address is 802 Main St, Caldwell, ID 83605, and its APN is 04580000 0. This is a unique chance to capitalize on the growth of Caldwell's downtown core.

• Alternative Use

  Use

  Valuation

  Residential

  $2,798,816

  Hospitality

  $2,563,701

  Educational

  $2,132,969

  Medical

  $2,206,325

  Retail

  $3,317,952

Location Insight

City

Caldwell

County

Canyon

State

Idaho

Latitude

43.666

Longitude

-116.687

CBSA code

14260

CBSA name

BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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