Technical
Financial
Distress signals
Property profile

517 Main St Lewiston, ID 83501

OFF-MARKET
Investment properties
Property ID
US27-0584556
10,906 SF 0.11 ac lot Built 1903
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, situated at 517 Main Street in the vibrant city of Lewiston, Idaho, presents a unique investment opportunity. Boasting a prominent Main Street address, this 0.11-acre lot offers significant potential for a variety of commercial ventures. The property's location provides excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers and employees. The asking price of $185,000 represents a compelling value for a property in this desirable location. The existing structure, while not detailed in the provided information, offers a blank canvas for redevelopment or renovation to suit a specific business plan. The 0.11-acre lot size provides ample space for expansion or outdoor amenities, depending on the intended use. Lewiston's thriving economy and growing population make this an ideal location for businesses seeking to establish a strong presence in the community. This property is ready for immediate development or lease, making it an attractive option for both investors and entrepreneurs. The strategic location on Main Street ensures high visibility and easy access, maximizing the potential for success. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further details regarding the existing structure and zoning regulations are available upon request. Don't miss this chance to acquire a prime commercial property in a rapidly growing Idaho city.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1903
Total area 10,906 SF
Lot 0.11 ac (4,617 SF)
Zoning code C5
APN RPL0360021001A
UPID US27-0584556

Cap rate & NOI

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

Location

517 Main St Lewiston, ID 83501
Lewiston metro Census 960300 LEWISTON, ID-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

Zoning & alternative use

C5 · Lewiston, ID
Zoning description

To provide a mix of uses within the central business district for a wide variety of goods, services and compatible multifamily housing development shall provide access to adequate parking for uses that normally rely heav…

General category COMMERCIAL

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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