220 Cameron Ave Kellogg, ID 83837
- Commercial real estate
- 0.04 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 220 Cameron Ave
- Lot size
- 0.04 lot acres
- Property type
- Commercial real estate
- APN
- RPD10000010340A
- APU
- RPD10000010340A
Description
This exceptional Kellogg, Idaho property presents a rare investment opportunity. The fully remodeled tavern boasts a prime corner location offering high visibility and easy access. A freshly sealed parking lot provides ample space for eight vehicles. The building includes a spacious, 90% finished basement, adding significant potential for expansion or additional rental income. The main floor features a charming two-bedroom, one-and-a-half-bathroom apartment complete with attractive hardwood floors. The entire property benefits from recently updated plumbing and electrical systems, ensuring modern functionality and efficiency. The 1,576 square foot building sits on a 0.11-acre lot. This versatile property is ideal for a variety of uses, from continuing its operation as a tavern with rental income from the apartment, to complete redevelopment. The potential for seller financing with a substantial down payment is also available, making this an even more attractive proposition for serious investors. Don't miss this chance to acquire a well-maintained, high-potential commercial property in a desirable location. The combination of a thriving business and rental income makes this a truly unique investment opportunity in the heart of Kellogg. The updated infrastructure and prime location ensure a strong return on investment for the discerning buyer.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $305,000
- 7%
- $315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $280,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $335,000
- Mixed-Use
- $330,000
- Hospitality
- $285,000
- Educational
- $355,000
- Residential Income
- $340,000
- Energy
- $385,000
- Income-Based Land
- $330,000
- Food Service
- $385,000
Location Insight
- Map
- Local Demand
- City
- Kellogg
- County
- Shoshone
- State
- Idaho
- Longitude
- -116.115
- Latitude
- 47.5369