Technical
Financial
Distress signals
Property profile

200 1st St Idaho Falls, ID 83401

OFF-MARKET
Retail properties & Spaces
Property ID
US27-0242766
4,441 SF 0.14 ac lot Built 1913
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,570 square foot storefront at 200 E 1st Street in Idaho Falls, ID, presents a remarkable investment opportunity. Completely renovated in 2023, this property boasts a newly remodeled interior and exterior, showcasing a fresh and modern aesthetic. Built in 1913 and situated on a 0.14-acre lot, the building is zoned CC and offers ample off-street parking, including a small lot at the rear. The interior features two full bathrooms, one on the main level and another upstairs. The flexible layout allows for potential division into two separate spaces, catering to diverse business needs. Located in the Idaho Falls local improvement district, this property enjoys a central location close to the heart of downtown, providing excellent visibility and accessibility. The asking price is $439,000, translating to $122.97 per square foot. The property is available for occupancy starting August 22, 2024. This is an ideal opportunity for investors seeking a high-return, centrally located retail space in a thriving Idaho Falls market. Don't miss this chance to acquire a meticulously renovated and strategically positioned commercial property.

Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1913
Total area 4,441 SF
Lot 0.14 ac (6,251 SF)
APN RPA0540003023A
UPID US27-0242766

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store

Location

200 1st St Idaho Falls, ID 83401-3966
Idaho Falls metro Census 971100 IDAHO FALLS, ID METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2023
5 recorded transactions
2023
Price N/A
2023
Price N/A
2023
Price N/A
2016
$64,900
2011
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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