2 N Main St Payette, ID 83661
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.
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ATM (Wells Fargo Bank) Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.