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    2 State St N Preston, ID 83263
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    Property profile & analytics

    2 State St N, Preston, ID 83263

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    • Investment properties
    • 13,174 SF
    • 0.15 lot acres
    Iconic Preston Commercial Landmark For Sale
    $1,900,000
    11,766 SF

    Iconic Preston Commercial Landmark

    Completely remodeled commercial landmark in downtown Preston.

    2 STATE St N, Preston, ID 83263
    View Listing
    Property ID
    US27-0702694
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Thorasdatter Design / Interior Design / Home Decor Store
    • Brandon Brown: Allstate Insurance / Insurance Agency
    • Frankos Chiropractic / Alternative Medicine Practice
    • Massage by McKenzie / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 2 State St N

    Year built
    1910
    Lot size
    0.15 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    RP05363.00
    APU
    RP0536300

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 3, 2024 — Dg Holdings LLC — Deed · related $800k · Cache Valley Bank
    Nov 5, 2020 — Dg Holdings LLC Douglas B Day Quit Claim Deed · related $980k · Cache Valley Bank
    May 28, 2013 — Clair D Bosen Clair D Bosen Intrafamily Transfer · related —

    Description

    This iconic Preston, ID building, situated on a 0.14-acre lot at the corner of Main and Oneida, presents a unique investment opportunity. Constructed in 1910, the property has undergone a complete and extensive restoration, boasting modern amenities while retaining its historic charm. The building offers a blend of Class A office space ideal for professional services, and prime retail space directly on Main Street, providing exceptional visibility and accessibility. The versatile layout caters to a wide range of businesses. Recent upgrades include a new electrical system, updated plumbing, and the installation of a modern elevator, enhancing functionality and accessibility for all tenants. A fully installed hood system is already in place, making it perfectly suited for a restaurant or food-related business. This property represents a rare chance to own a piece of Preston's history and a thriving commercial center. The building's central location ensures high foot traffic and excellent exposure. Potential buyers are responsible for independently verifying all information provided. This is a remarkable opportunity to acquire a well-maintained, historically significant commercial property with significant upside potential in a vibrant community. The combination of office and retail space makes this a truly diverse and attractive investment.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Preston
    County
    Franklin
    State
    Idaho
    Longitude
    -111.876
    Latitude
    42.0965
    CBSA code
    30860
    CBSA name
    LOGAN, UT-ID METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,540
    $34,362
    $137,177
    $171,539
    -
    $34,362
    $137,177
    $171,539
    View Listing
    More about this property
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