Log In/Sign Up
Your email has been sent.
211 N Main St 1,845 SF Retail Building Payette, ID 83661 $205,000 ($111.11/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Current tenants operate as a salon, spa, massage studio, and tattoo shop
- Low-touch hold with potential upside at lease maturity (rent reset, renewal, or re-tenanting)
- All information deemed reliable but not guaranteed; buyer to verify lease terms, expenses, and financials
- Main Street frontage in Downtown Payette, walkable, visible, convenient
- Newer systems with a ~5-year-old TPO membrane roof and two (2) ~5-yearold HVAC units
EXECUTIVE SUMMARY
Lee & Associates is pleased to present a stabilized retail investment on Main Street in Downtown Payette. The property is offered at a 7.00% cap rate and is secured by an in-place lease running through 2029, providing predictable cash flow with potential income uplift at renewal or re-lease.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
1,845 SF
Building Class
C
Year Built/Renovated
1920/2024
Price
$205,000
Price Per SF
$111.11
Cap Rate
7%
NOI
$14,350
Tenancy
Single
Building Height
1 Story
Building FAR
0.42
Lot Size
0.10 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Collection Bureau Inc
- Administrative and Support Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Collection Bureau Inc | Administrative and Support Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | P1270008018A | Improvements Assessment | $78,280 |
| Land Assessment | $39,236 | Total Assessment | $117,516 |
PROPERTY TAXES
Parcel Number
P1270008018A
Land Assessment
$39,236
Improvements Assessment
$78,280
Total Assessment
$117,516
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
211 N Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.