2 Main St Payette, ID 83661-2520
- Retail space
- 7,851 SF
- 0.11 lot acres
Current Use by Public Records
- ATM (Wells Fargo Bank) / Atm
Property Details for 2 Main St
- Year built
- 1925
- Lot size
- 0.11 lot acres
- Property size
- 7,851 SF
- Property type
- Retail space
- APN
- P1270001001A
- APU
- P1270001001A
Description
This 8,500 square foot mixed-use building, located at 2 N. Main St. in Payette, Idaho, presents a compelling investment opportunity. Currently operating at 51% occupancy, this property offers significant value-add potential. The building's mixed-use nature allows for a blend of office and retail spaces, catering to diverse tenant needs. With a desirable 6.11% cap rate and an asking price of $461,000, this property offers strong returns. Situated in Payette's historic downtown, the building benefits from the town's unique character, local businesses, and community events. Payette's affordable cost of living and convenient access to major highways further enhance its appeal. This property is also available for purchase in conjunction with 19 & 21 S. Main St., Payette, ID 83661, presenting an even larger scale investment opportunity. The property's location provides easy access to nearby cities and attractions, while the supportive local business environment adds to its overall charm. This is an exceptional chance to acquire a well-positioned mixed-use asset in a thriving Idaho community. The zip code is 83661.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $200,000
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Location Insight
- Map
- Local Demand
- City
- Payette
- County
- Payette
- State
- Idaho
- Longitude
- -116.935
- Latitude
- 44.075
- CBSA code
- 36620
- CBSA name
- ONTARIO, OR-ID MICROPOLITAN STATISTICAL AREA
