200 Hwy 93 Challis, ID 83226
This exceptional commercial property, situated at 200 N Hwy 93 in Challis, Idaho, presents a unique investment opportunity. Boasting a prime corner location at the intersection of Main Street and Highway 93, this 1280 square foot building offers unparalleled visibility and accessibility for a wide range of businesses. The property includes ample parking, a covered patio perfect for outdoor seating or operations, and a recently landscaped shrub area enhancing curb appeal. Additional storage is provided by a separate shed on the 0.03-acre lot. Inside, the building features impressive 12-foot ceilings in the main office area, creating a bright and spacious atmosphere. The front of the building also includes high ceilings and a large shop door, offering versatile space adaptable to various business needs. The rear of the building currently comprises a bathroom, storage room, and a bedroom, providing additional flexibility for expansion or customized layouts. The property's exceptional location, combined with its versatile interior and exterior features, makes it an ideal investment for entrepreneurs seeking a high-visibility commercial space in a thriving community. Priced at $349,500, this property offers significant potential for return on investment. Don't miss this chance to own a piece of Challis's vibrant commercial landscape.
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
No recorded transactions found for this property.
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.