Technical
Financial
Distress signals
Property profile

1018 Washington Ave Emmett, ID 83617

OFF-MARKET
Commercial real estate
Property ID
US27-0849261
2,102 SF 0.22 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Commercial real estate
Total area 2,102 SF
Lot 0.22 ac (9,583 SF)
UPID US27-0849261

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing Store
  • Hair Salon Nail Salon
  • Nail Salon

Location

1018 Washington Ave Emmett, ID 83617
Emmett metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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