132 Walnut St Genesee, ID 83832

This unique 9,800 square foot, two-unit multifamily and retail property, located at 132 Walnut St, Genesee, ID 83832, presents a rare investment opportunity. Built in 1898, this historic fire station sits on a 0.12-acre lot and offers a blend of vintage charm and modern functionality. The building, classified as Class C, features two stories and five parking spaces. Currently vacant, the property is already framed for flexible spaces, ideal for adaptive reuse. The ground floor boasts a spacious garage and office area, while the upper level provides ample space for conversion into residential or commercial units. A new HVAC system with a main trunk line is in place. The asking price is $299,000. This property offers significant potential for a savvy investor looking to capitalize on its unique character and prime location in Genesee, Idaho. The property's current vacancy means there is no established cap rate. This presents an opportunity to establish rental income based on the market and the chosen use of the space. The building's historical significance and adaptable layout make it a truly exceptional investment prospect. The property's location in Latah County provides access to local amenities and a growing community.