Property summary
This exceptional investment opportunity in Emmett, Idaho, presents a unique blend of commercial and residential income streams. Located at 1018 South Washington Avenue, the property encompasses a substantial 2,102 square feet situated on a 0.22-acre lot. The commercial component features three separate lease units, ideally suited for a variety of businesses, and boasts nine paved parking spaces for tenant and customer convenience. This ensures ample parking for the commercial tenants and their clients. Adding to the property's versatility is a separate, special-use residential apartment or Airbnb unit located at the rear of the building. This unit offers a distinct income stream and provides additional revenue potential. The residential unit includes four gravel parking spaces, enhancing its accessibility and convenience. Furthermore, the property benefits from convenient rear alley access, providing easy loading and unloading for both commercial and residential tenants. This strategic location and diverse income streams make this property an attractive investment for those seeking a high return on investment in a thriving Idaho community. The property's combination of commercial and residential uses offers a unique opportunity for diversification and increased profitability. The existing leases and the potential for short-term rentals create a robust revenue model. This property is ready for an immediate return on investment.
Property profile
VerifiedCap rate & NOI
Current use
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Clothing Store
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Hair Salon Nail Salon
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Nail Salon
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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