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Lincoln Plaza For Sale 23,000 SF on 5 Acres 1120 S Lincoln Ave 23,000 SF 11% Leased Retail Building Jerome, ID 83338 $1,700,000 ($73.91/SF)

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Investment Highlights

High-visibility retail center on one of Jerome’s main thoroughfares
Anchor tenant (D&B Supply) departing in 2026, creating a large contiguous vacancy
Tenants in place: Sonora Tacos, Puff N Stuff, Liquor Store

5 to 7-suite configuration with flexible layouts
Current annual rental income: $63,920
Ideal for: Value-add lease-up strategy, owner-user occupancy, or redevelopment

Executive Summary

The Lincoln Plaza is a multi-tenant retail center positioned along a high-traffic commercial corridor in Jerome, Idaho. Built in 1975, the property originally consisted of seven suites and has since been reconfigured into five flexible retail spaces. The center has long served as the home of D&B Supply, which plans to relocate to its new facility in 2026, creating a large anchor vacancy and a substantial opportunity for repositioning.
Current tenants include Sonora Tacos, Puff N Stuff, and a State Liquor Store, producing $63,920 in annual rental income. One additional suite is currently vacant, and the upcoming departure of D&B Supply will significantly expand the leasable space available.
With its prominent location, adaptable layout, and forthcoming vacancies, Lincoln Plaza offers strong potential for value-add strategies, owner-user occupancy, or a full redevelopment approach. Investors and users can capitalize on the chance to re-tenant at market rents, reconfigure suite layouts, or attract national, regional, or local retailers. The property’s established commercial setting and steady traffic patterns further enhance its long-term growth prospects.

Lincoln-Plaza-Jerome-Flyer

Lincoln Plaza SF Plans BOMA

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Building Size

23,000 SF

Building Class

Year Built

1975

Price

$1,700,000

Price Per SF

$73.91

Percent Leased

11%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.10

Lot Size

5.12 AC

Zoning

C2 GENERAL BUSINESS

Parking

160 Spaces (6.96 Spaces per 1,000 SF Leased)

Frontage

466’ on Lincoln Ave

24 Hour Access
Pylon Sign

Signage

Storage Space

Air Conditioning

Major Tenants

Retailer
2,500 SF
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-

The ISLD recognizes a strong need for resources from agencies and coalitions throughout the state who are implementing various educational programs in our communities. To help with this need, a NABCA Education Award has been granted the past two years to the Idaho State Liquor Division to develop and implement an Alcohol Education Mini-Grant Program. Agencies and coalitions in the state of Idaho are eligible to apply for a resource request that does not exceed $10,000. The mission of the Idaho State Liquor Division is to provide control over the importation, distribution, sale, and consumption of distilled spirits; curtail intemperate use of beverage alcohol; and responsibly optimize the net revenues to the citizens of Idaho.

Puff N Stuff Smoke Shop LLC
Retailer
2,000 SF
-
-

Puff N Stuff Smoke Shop is located at 1038 S Lincoln in Jerome between Ridleys and D&B. We carry unique gifts, figurines,soy candles and tarts and more! Too much to list, so come on in and check us out!