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1221 Overland Ave 9,375 SF Retail Building Burley, ID 83318 $750,000 ($80/SF)
Investment Highlights
- Commercial building sitting in a high traffic area, next to Main St / Interstate 84
- The main level is tailored for storefront or office use -currently configured at $1,800/month on a one-year lease
- The lower level offers a rental-ready layout with 3 bedrooms and 1 bathroom
- 3-story commercial building offers over 9,000 sq ft of versatile space
- The upper level features a spacious apartment setup
Executive Summary
This 3-story commercial building offers over 9,000 sq ft of versatile space with income potential on every level. Upper level features a spacious apartment setup with a finished living area, heated, including 2 beds, 1 bath, a comfortable living room, laundry room, & a kitchen with white cabinetry. An additional approx. 1,325 sq ft of non-heated space provides flexibility for storage, studio, or expansion. Main level is tailored for storefront or office use with alley access through the rear door. It includes approx. 2,275 sq ft of front commercial space & an additional approx. 725 sq ft sectioned off for separate use or future buildout. Lower level offers a rental-ready layout with 3 beds, 1 bath, a kitchen, & energy-efficient gas heat with central air, plus dedicated storage areas. Overall, this property is a strong mix of use or investment opportunities with multiple rentable units, established utilities, flexible configurations, & solid upside for an owner-occupant, investor, or redevelopment vision. The front commercial portion (about 91 ft) is currently configured at $1,800/month on a one-year lease, with the seller paying electricity and gas, ideal for an owner-user or investor seeking immediate income.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
9,375 SF
Building Class
C
Year Built
1928
Price
$750,000
Price Per SF
$80
Tenancy
Single
Building Height
3 Stories
Building FAR
3.00
Lot Size
0.07 AC
Zoning
C-1 - Commercial
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | RPBB0011210110 | Improvements Assessment | $33,618 |
| Land Assessment | $27,943 | Total Assessment | $61,561 |
Property Taxes
Parcel Number
RPBB0011210110
Land Assessment
$27,943
Improvements Assessment
$33,618
Total Assessment
$61,561
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1221 Overland Ave
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