19 Main St Payette, ID 83661-2519
- Retail space
- 5,028 SF
- 0.10 lot acres
Current Use by Public Records
- Studio 17 / Dance School
Property Details for 19 Main St
- Year built
- 1900
- Lot size
- 0.10 lot acres
- Property size
- 5,028 SF
- Property type
- Retail space
- APN
- P12700020160
- APU
- P12700020160
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Payette
- County
- Payette
- State
- Idaho
- Longitude
- -116.936
- Latitude
- 44.0754
- CBSA code
- 36620
- CBSA name
- ONTARIO, OR-ID MICROPOLITAN STATISTICAL AREA
