2 State St Preston, ID 83263
- Investment properties
- 13,174 SF
- 0.15 lot acres
Current Use by Public Records
- Thorasdatter Design / Interior Designer
- Brandon Brown: Allstate Insurance / Motorcycle Insurance Agency / Renter'S Insurance Agency
- Frankos Chiropractic / Chiropractor
- Massage by McKenzie / Massage Therapist
Property Details for 2 State St
- Year built
- 1910
- Lot size
- 0.15 lot acres
- Property size
- 13,174 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- RP05363.00
- APU
- RP0536300
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 Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
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