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3 BUILDINGS - OFFICE | TWO INDUSTRIAL SHOPS 1463 Commerce Way 23,916 SF 70% Leased Industrial Building Idaho Falls, ID 83401 $2,790,000 ($116.66/SF)

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INVESTMENT HIGHLIGHTS

  • Prime Location near I-15, US-20 and US-26
  • Fully landscaped grounds in a high-traffic area

EXECUTIVE SUMMARY

Venture One Properties offers 23,916 SF on 1.869 acres in the growing Idaho Falls market, featuring three well-maintained buildings with prime access to Highway 20, Highway 26, and I-15. The site includes an 11,792 SF office with ±30 offices and conference areas, plus 12,034 SF of shop/warehouse space suited for light industrial or service use.
Approximately 70% of the space is leased, providing immediate income, with leases structured for quick extension or termination. Ideal for an end user or investor who wants to occupy all or part of the property while keeping or expanding tenant income as needed.

PROPERTY FACTS

Price $2,790,000
Price Per SF $116.66
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • OfficeLoft Creative Space
  • Industrial Service
Building Class B
Lot Size 1.87 AC
Rentable Building Area 23,916 SF
No. Stories 2
Year Built 1996
Parking Ratio 3.01/1,000 SF
Zoning IM-1 - IM-1 Industrial Manufacturing

AMENITIES

  • Conferencing Facility
  • Yard
  • Storage Space
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - Well
  • Sewer - Septic Field
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
RPO7060002001O
Land Assessment
$183,191
Improvements Assessment
$1,298,460
Total Assessment
$1,481,651
  • Listing ID: 38550469

  • Date on Market: 11/23/2025

  • Last Updated:

  • Address: 1463 Commerce Way, Idaho Falls, ID 83401

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