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Property profile & analytics
OFF-MARKET
Retail space

2414 Main St Lewiston, ID 83501-3245

7,604 SF 0.26 ac lot Built 1930
Entity Owned ~ Est. High Equity
Property ID
US27-0630961
Property summary
AI-generated overview

This exceptional commercial property, located at 2414 Main Street in Lewiston, Idaho, presents a unique investment opportunity. Situated on approximately 0.83 acres, the property encompasses 7,604 square feet and includes three established businesses: a convenience/general store, a bar, and a laundromat. The bar operates under a tenant lease agreement, generating consistent rental income. The convenience store and laundromat are included in the sale, offering immediate operational control and additional revenue streams. This well-established business complex has served the Lewiston community for an extended period, building a loyal customer base and demonstrating consistent profitability. Its prime location, just a short distance from the local paper mill, ensures high visibility and convenient access for a large potential customer base. Ample parking is available on the property, enhancing customer convenience. The property's diverse income streams and established reputation make it an attractive investment for those seeking a stable and lucrative commercial venture. This is a rare opportunity to acquire a turnkey, multi-faceted business with significant growth potential. The property is offered at $6,000,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 7,604 SF
Lot 0.26 ac (11,369 SF)
Zoning code C4
APN RPL0280002004A
UPID US27-0630961
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Larry's Foods & Deli Grocery & Convenience Store Food Market
  • Western Union Bank Credit Union
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
PUNJAB L L C
PUNJAB L L C
Zoning & alternative use
C4 · Lewiston, ID
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

To provide areas to serve the city and regional needs for commercial goods and services such areas shall be compatible with adjacent residential development

Zone name General Commercial Zone
General category COMMERCIAL
Zone area 495.70 ac
Source Realmo
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