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11 12th Ave S
Nampa, ID 83651
MIXED-USE BUILDING FOR SALE · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Historical Downtown Nampa building
- Built-in cooler on-site
- Flexible zoning to allow for a variety of options
- Multi-use with retail on the bottom floor and apartment upstairs
- Two entertaining areas on main level
- Tenant to lease apartment for one year after purchase
EXECUTIVE SUMMARY
The historic Pete’s Tavern with the “cave” is now for sale in Downtown Nampa. Built in 1889, this building has been part of Nampa’s rich history. It has served as a butcher shop, lounge, and Pete’s since 1945. The main level is expansive and contains two separate entertaining areas, which could be set up as a back kitchen for a restaurant. Plumbing, electrical, and sewer lines were updated in the 1990s and 2000s. There is also a full basement with access to the infamous Nampa tunnels. There is a 2-bedroom, 1-bathroom apartment upstairs, which is 1,160 square feet and has been recently remodeled to include a new water heater, swamp cooler, and furnace. The apartment has three entrances, including one that leads directly to the downstairs unit, ideal for an owner/user who wants to live on-site. The total area of the site is 3,080 square feet and comes with one parking spot behind the building, as well as plenty of street parking.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,080 SF
Building Class
C
Year Built
1889
Price
$599,000
Price Per SF
$194.48
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.01
Lot Size
0.07 AC
Zoning
DH - Dwelling House
Parking
10 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
54’ on 12th Ave
PROPERTY TAXES
| Parcel Number | 1320300000 | Improvements Assessment | $566,800 |
| Land Assessment | $73,200 | Total Assessment | $640,000 |
PROPERTY TAXES
Parcel Number
1320300000
Land Assessment
$73,200
Improvements Assessment
$566,800
Total Assessment
$640,000
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