Property summary
This exceptional 1,642 square foot commercial property, located at 208 N Main St. in Cascade, ID, presents a fantastic investment opportunity. Boasting excellent street frontage and high visibility on Main Street, this building offers significant potential for a variety of businesses. Constructed in 1920, the property has undergone several updates and features central heating and air conditioning (all-electric). An oversized restroom adds convenience, and a rough-finished basement provides ample storage space (not included in the listed square footage). The 0.06-acre lot includes additional parking at the rear of the building. Currently occupied by a successful fitness facility (available for separate purchase), the property has a proven rental history, commanding $1,800 per month in rent for the past two and a half years. Future lease expectations are projected at $2,000 or more per month. While the current tenant operates a fitness center, the versatile space is well-suited for a wide range of commercial uses. Priced aggressively for a quick sale at $397,900, this property represents a compelling opportunity to acquire a well-located, updated commercial building in a thriving community. Don't miss out on this chance to own a piece of Cascade's Main Street.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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