602 20th N St Lewiston, ID 83501-1670
This exceptional 735-square-foot commercial property, situated on a 0.17-acre lot at 602 20th St N in Lewiston, Idaho, presents a unique investment opportunity. Priced at $198,600, this turnkey building boasts high traffic and high visibility, making it ideal for a variety of businesses. Currently configured as a restaurant, it features a fully functional, NFPA-approved vent hood with a suppression system, a brand new, never-used commercial dishwasher, and recently installed gas connections and GFCI outlets. The building also benefits from a newer roof in excellent condition, ample seating for over 30 patrons, and the potential for a drive-through. Ample parking is available for customers and employees. The property's prime location ensures significant foot traffic and exposure. A large reader board sign on the property generates additional income for the owner. The versatile layout makes it suitable for various commercial uses, including a coffee shop, used car lot, or pawn shop. This is a rare chance to acquire a well-equipped, high-traffic commercial property at an exceptional price. Don't miss this opportunity to own a piece of Lewiston's thriving commercial landscape.
To provide areas to serve the city and regional needs for commercial goods and services such areas shall be compatible with adjacent residential development
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
C4 · Lewiston, IDTo provide areas to serve the city and regional needs for commercial goods and services such areas shall be compatible with adjacent residential development
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.