Property profile

208 Main St Cascade, ID 83611

OFF-MARKET
Commercial real estate
Property ID
US27-0958835
1,642 SF 0.06 ac lot Built 1920
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Total area 1,642 SF
Lot 0.06 ac (2,500 SF)
APN RPC0027007009A
UPID US27-0958835

Cap rate & NOI

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

Location

208 Main St Cascade, ID 83611-5079
Cascade metro Census 970100
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2022
Price N/A
2017
Price N/A
2006
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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