140 State St Shelley, ID 83274-1245
This exceptional commercial property, located at 140 State Street in the heart of Shelley, Idaho, presents a unique investment opportunity. The building boasts over 12,000 square feet of versatile space, ideal for a variety of uses including retail, a reception venue, or office space. The main floor is highlighted by large, attractive glass windows along the front, perfect for showcasing products or services. Approximately three-quarters of the main floor features beautiful hardwood flooring. A large overhead garage door at the rear of the building provides convenient loading access. Two bathrooms and a small storage area add to the main floor's functionality. Access to the basement is provided by two staircases
The purpose of the CB District is to accommodate and encourage further expansion and renewal of the historic business-core area of the City. A variety of business, public, quasi public, cultural, residential and other related uses are encouraged in an effort to provide the mix of activities necessary to establish a vital downtown area. This district provides…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CB · Shelley, IDThe purpose of the CB District is to accommodate and encourage further expansion and renewal of the historic business-core area of the City. A variety of business, public, quasi public, cultural, residential and other related uses are encouraged in an effort to provide the mix of activities necessary to establish a vital downtown area. This district provides for the location and grouping of compatible uses having common performance standards. It should be characterized by clean and well lighted streets, ample pedestrian ways and convenient vehicular parking.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
