585 Washington N St Twin Falls, ID 83301-3802
This exceptional investment opportunity presents a 4,762 square foot retail property located at 585 Washington St N in Twin Falls, Idaho (APN: RPT4261000001EA). The property boasts a 6.01% cap rate and a strong net operating income (NOI) of $45,079, making it an attractive proposition for investors. Currently operating at 100% occupancy, this multi-tenant building offers immediate rental income and stability. The building features a recently replaced roof (less than three years old), ensuring long-term cost savings. Situated on a 0.62-acre lot on a main artery in Twin Falls, the property benefits from high visibility and accessibility. A key feature is the inclusion of a restaurant space complete with a drive-thru window, adding to the property's versatility and income potential. This single-story building is ideal for investors seeking a hassle-free property with existing infrastructure and stable tenants in a thriving location. The asking price is $750,000, translating to $157.50 per square foot. This property offers a strong potential for a favorable return on investment.
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Underground Ink Tattoo and Piercing Tattoo & Piercing Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.