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Property profile & analytics
OFF-MARKET
Commercial real estate

521 Cedar St Wallace, ID 83873-2230

0.11 ac lot
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US27-0285747
Property summary
AI-generated overview

This exceptional commercial property, located at 521 Cedar Street in the heart of historic downtown Wallace, Idaho, presents a unique investment opportunity. The single-story brick building boasts a total of 5,382 square feet and sits on a 0.12-acre lot. The property's prime location ensures high visibility and foot traffic, maximizing its potential for revenue generation. One of the three storefronts is currently operating as a highly successful laundromat, equipped with well-maintained, top-of-the-line machines that are serviced daily. This established business provides a consistent and substantial income stream. The remaining two storefronts are leased to a local restaurant owner, further diversifying the property's income potential. The building offers convenient private parking located at the rear of the property, a significant advantage in a bustling downtown area. This turnkey investment is ideal for an astute buyer seeking a blend of established income and future growth potential in a thriving historic district. The property's strong tenant occupancy and prime location make it a compelling opportunity for investors seeking a stable and profitable commercial venture. The building's solid brick construction ensures durability and longevity, promising a sound return on investment for years to come. This is a rare chance to acquire a well-established, income-producing property in a desirable location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.11 ac (5,009 SF)
APN RPB0050018017BA
UPID US27-0285747
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
  • Wallace Laundromat (Bike/Boat/Book/etc) Store
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
John P Hansen · 2 yrs held
John P Hansen
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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