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2029 Hwy 95 4,235 SF Retail Building Council, ID 83612 $750,000 ($177.10/SF) 6.50% Cap Rate

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EXECUTIVE SUMMARY

This impressive property features a 4,235 SF free-standing building strategically located with frontage on Highway 95. Boasting a prominent pylon sign, the retail showroom spans 2,835 SF and is complemented by well-appointed offices and restrooms. With an additional 1,400 SF dedicated to shop/warehouse space, complete with a convenient roll-up door and free span interior, this property provides flexibility for a range of retail operations. Accommodating 40 numbered and covered parking spaces, including RV storage, this property presents a compelling proposition for retail investors.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,235 SF
Building Class
C
Year Built
2006
Price
$750,000
Price Per SF
$177.10
Cap Rate
6.50%
NOI
$48,750
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.90 AC
Zoning
C - Commercial Zoning
Parking
40 Spaces (9.45 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
C00000107671
Land Assessment
$90,503
Improvements Assessment
$667,212
Total Assessment
$757,715
  • Listing ID: 33437650

  • Date on Market: 10/7/2024

  • Last Updated:

  • Address: 2029 Hwy 95, Council, ID 83612

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