1713 Ctr Ave, Payette, ID 83661-2614

This exceptional investment opportunity presents a 8,067 square foot storefront located at 1713 Center Ave, Payette, ID 83661. The property, built in 1988, sits on a 0.66-acre lot and is currently operating at 100% occupancy under a net lease with 2.5 years remaining on the current term. The asking price is $1,250,000, translating to a price per square foot of $154.95 and a compelling 6.13% cap rate. Currently configured as a 16-room assisted living facility licensed for up to 29 residents, the property boasts a large open dining area, a patio, a commercial kitchen, and a laundry room. The facility is fully staffed with 10 full-time and 6 part-time employees. Detailed financial information is available upon request to qualified buyers who sign a non-disclosure agreement. This property offers a strong return on investment and significant potential for future growth in the thriving Payette market. The property's size, location, and current operational status make it an attractive proposition for discerning investors seeking a stable and profitable commercial venture. Don't miss this chance to acquire a high-performing asset in a desirable location.