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Property profile & analytics
OFF-MARKET Estimated value $235,000
Retail space

19 Main St Payette, ID 83661-2519

5,028 SF 0.1 ac lot Built 1900
Individually Owned 9-yr Hold Free & Clear
Property ID
US27-0830850
Property summary
AI-generated overview

This exceptional investment opportunity presents two mixed-use buildings located in the heart of Payette, Idaho's vibrant downtown at 19 & 21 S. Main St., zip code 83661. The property boasts a total of 2,000 square feet, spread across two stories, and is zoned C1- Commercial Downtown, offering flexibility for a variety of uses including office and retail spaces. Currently listed at $165,000, this represents an attractive price per square foot of $82.50 and a compelling 3.28% cap rate. The buildings offer a value-add opportunity for a savvy investor. Convenient access to major highways ensures easy travel to nearby cities and attractions. The property also includes private parking. This property is situated in a charming and picturesque town with a strong sense of community, supported by local businesses and a variety of events and festivals. The affordable cost of living makes Payette an appealing location for families and retirees alike. This offering presents a unique chance to acquire a well-positioned mixed-use property in a thriving Idaho community. Consider purchasing this property in conjunction with another nearby property for an even greater return on investment.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 5,028 SF
Lot 0.1 ac (4,356 SF)
APN P12700020160
UPID US27-0830850
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Studio 17 Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k
Owner & transaction history
Shaun A Blaser · 9 yrs held
Shaun A Blaser
since 2017
2 recorded transactions
2017
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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