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Property profile & analytics
FOR SALE
Investment properties

2 State St N Preston, ID 83263

13,174 SF 0.15 ac lot Built 1910
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US27-0702694
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1910
Total area 13,174 SF
Lot 0.15 ac (6,342 SF)
APN RP05363.00
UPID US27-0702694
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
  • 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Dg Holdings LLC · 5 yrs held
Dg Holdings LLC
since 2020
3 recorded transactions
2024
Price N/A
2020
Price N/A
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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