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Investment Highlights

  • Four commercial storefronts designed for flexible retail or office use, offering excellent visibility and maximizing street-level traffic exposure
  • Prime corner location at the intersection of Main Street, ensuring unmatched signage potential and brand exposure
  • Flexible value-add opportunity with city approval for three residential apartments or continued use as second-floor office space
  • Easy access to Highway 95 and I-84, connecting to Fruitland, Ontario, and the Boise MSA

Executive Summary

Lee & Associates is pleased to present this mixed-use investment opportunity in Downtown Payette. Located on a highly visible corner lot, the 7,851-square-foot property features four ground-floor retail or office storefronts, with two units leased and two available for additional income. The second floor is currently configured as office space and is approved by the City for conversion into three 2-bedroom, 1-bathroom apartments, creating a strong value-add opportunity while allowing continued office use. Conveniently located in the heart of downtown, the property offers easy access to local amenities, Highway 95, and Interstate 84.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,851 SF
Building Class
C
Year Built/Renovated
1920/2026
Price
$695,000
Price Per SF
$88.52
Percent Leased
89%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.80
Lot Size
0.10 AC
Zoning
C1 - Commercial Downtown
Frontage
171’ on 3rd Ave

Amenities

  • Corner Lot
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Finance and Insurance
  • -
  • -
  • -

Farmers Insurance began in 1928, when its founders set out to provide quality insurance at a reasonable price. The company offers coverage for home, auto, life, business, recreational vehicles, and other financial products through multiple brands and distribution channels, including exclusive agencies, independent agents, online sales, and company call centers. Farmers has grown into a U.S. insurance group with a broad market presence and a national claims service network. The business continues to serve households and businesses across the country while maintaining its focus on insurance and related financial services.

Tenant Industry SF Occupied Rent/SF Lease End
Finance and Insurance - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 809
  • 900 SF
  • Office
  • -
  • Now

Lee & Associates is pleased to present office spaces in downtown Payette. We currently have two (2) ground-level office units available for lease. Commercial lockbox on site. Please call the listing agent for showings.

Space Size Space Use Position Available
809 900 SF Office - Now

809

Size
900 SF
Space Use
Office
Position
-
Available
Now

809

Size 900 SF
Space Use Office
Position -
Available Now

Lee & Associates is pleased to present office spaces in downtown Payette. We currently have two (2) ground-level office units available for lease. Commercial lockbox on site. Please call the listing agent for showings.

Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Nearby Major Retailers

U.S. Bank
WaFd Bank
Columbia Bank
Arctic Circle
Dutch Bros

Property Taxes

Property Taxes

Parcel Number
P1270001001A
Land Assessment
$68,993
Improvements Assessment
$219,658
Total Assessment
$288,651
  • Listing ID: 41286836

  • Date on Market: 7/14/2026

  • Last Updated:

  • Address: 2 N Main St, Payette, ID 83661

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