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Fully Occupied Historic Storefront Investment 133 E Main St 1,759 SF 100% Leased Retail Building Online Auction Sale Jerome, ID 83338
Investment Highlights
- Turnkey cash-flowing, single-tenant building occupied by Amanda’s Antiques, a well-reviewed tenant with a 4.1-star Google rating.
- Classic old-town charm with a stunning glass-lined storefront and rear on-site parking for customers and tenants for additional convenience.
- Situated in a market of 35,500+ residents growing at a rate faster than the national average, generating $452.6 million in annual consumer spending.
- 34 feet of Main Street frontage at a prominent location with exposure to over 8,600 vehicles daily along Jerome’s primary commercial corridor.
Executive Summary
Built in 1920, 133 E Main Street showcases authentic old-town charm with ample natural light flowing through the building. The property's placement along Main Street provides street parking, as well as on-site rear parking, enhancing functionality for both tenants and customers. 133 E Main Street is surrounded by a strong mix of retailers, restaurants, banks, government buildings, and local attractions, including North Park, Shepard's Park, and Jerome Veteran Memorial Park, further reinforcing consistent foot traffic and long-term demand.
The surrounding area features a growing population of more than 35,500 residents generating over $452.6 million in annual consumer spending, with local growth outperforming the national average. Proximity to Interstate 84 connects this location to the rest of Idaho. Jerome, which continues to emerge as a growing hub in southern Idaho, just outside of Twin Falls, is making this Main Street retail asset a compelling opportunity for investors seeking stable income, historic character, and long-term market growth in a revitalizing downtown environment.
Property tours are by appointment only. Please contact the listing broker to schedule.
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- Operating and Financials
- Purchase Agreement
- Title and Insurance
Property Facts
About Pocatello/Idaho Falls
Pocatello and Idaho Falls are located in southeastern Idaho, along Interstate 15. It is just over a two-hour drive to Pocatello via I-15 to Salt Lake City further south. The region expanded rapidly from 1950 to 1980, nearly doubling in size due to growth in the mining, agriculture, and manufacturing industries. Today, some of these sectors have shrunk, but growth in education, healthcare, local government, advanced manufacturing, and research now provides a large share of the region’s workforce.
The region is also dependent on the energy sector for a share of its high-paying employment. The Idaho National Laboratory is based in Idaho Falls, as an arm of the United States Department of Energy. It is the metro's largest employer, focusing on atomic energy innovation. Population growth in the region is projected to outpace national growth on an annual percentage basis by a significant margin in the coming years, which could put additional pressure on demand for housing.
There are ample outdoor recreation opportunities in the form of hiking, fishing, and the nearby Pebble Creek Ski Area. Other attractions in the area include the Museum of Clean and the historic Standrod House, which was reportedly the first home equipped with electric lighting in the state of Idaho when it was built in the early 1900s. Idaho State University is the area’s largest higher education provider, enrolling just under 13,000 students and employing hundreds of faculty members.
Overall, demand for retail space will generally be tied to economic and population growth. Net migration in the area is forecast to remain strong over the near term. Prospective tenants will find an engaged, active, and growing community with largely above-average salaries willing to support local business, while investors could capture upside potential tied to regional economic growth.
Demographics
Demographics
Nearby Major Retailers
Sale Advisor
Sale Advisor
Brian Brockman, President
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Fully Occupied Historic Storefront Investment | 133 E Main St
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Fully Occupied Historic Storefront Investment | 133 E Main St
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