310 E Center St Pocatello, ID 83201
- Commercial real estate
- 0.34 lot acres
Current Use by Public Records
- Leonards Apartment / Apartment Building
- All-Bright Camera Repair / Camera Repair Shop
Property Details for 310 E Center St
- Year built
- 1914
- Lot size
- 0.34 lot acres
- Property type
- Commercial real estate
- APN
- RPPOC224400
- APU
- RPPOC224400
Description
This exceptional mixed-use property, located at 310 E Center St, Pocatello, ID 83201, presents a compelling investment opportunity. The 47,076 square foot building, constructed in 1915 and extensively renovated in 2024, boasts a remarkable 100% occupancy rate. The property comprises 48 units: 42 residential apartments and 6 ground-floor commercial spaces, offering diverse income streams. The asking price is $2,190,000, translating to a price per square foot of $46.52. An unfinished basement presents potential for future expansion or value-add improvements. The property's prime location makes it particularly attractive for student housing, given the high demand in the area. Significant capital expenditures have already been completed, minimizing immediate capital outlay for the new owner. This stabilized investment offers various avenues for maximizing returns, including repositioning strategies and cost segregation opportunities. The property's strong performance and potential for further enhancement make it an ideal acquisition for discerning investors seeking a high-return, multifamily investment in a thriving Idaho market. This is a rare opportunity to acquire a well-maintained, high-occupancy property with significant upside potential.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $315,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pocatello
- County
- Bannock
- State
- Idaho
- Longitude
- -112.447
- Latitude
- 42.865
- CBSA code
- 38540
- CBSA name
- POCATELLO, ID METROPOLITAN STATISTICAL AREA
