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271 1st Ave 8,688 SF 100% Leased Retail Building Ketchum, ID 83340 $3,650,000 ($420.12/SF) 4.79% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Ketchum Downtown Core Location
  • 4 Leasable Units - 2 Commercial & 2 Residential
  • Mixed Use Residential & Retail / Office

EXECUTIVE SUMMARY

Fully-leased mixed-use opportunity in the Ketchum downtown core! This well known building consists of two ground floor commercial spaces and two second floor apartments, on an oversized 8,250sf lot. Access from 1st Ave or the alley -garages for residential units. 20+ year stable tenants include Sun Valley title and Kneeland Gallery. Please call office for full offering package.

DATA ROOM Click Here to Access

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,688 SF
Building Class
B
Year Built/Renovated
1986/2000
Price
$3,650,000
Price Per SF
$420.12
Cap Rate
4.79%
NOI
$174,821
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.05
Lot Size
0.19 AC
Zoning
Community Core - General Commercial
Parking
13 Spaces (1.5 Spaces per 1,000 SF Leased)
Frontage
51’ on 1st Avenue North

AMENITIES

  • Bus Line
  • Signage
  • Air Conditioning
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Wells Fargo Bank
WaFd Bank
Bank of Montreal
U.S. Bank
Smoky Mountain Pizzeria Grill
Starbucks
Mountain West Bank
The YMCA
  • Listing ID: 32696056

  • Date on Market: 8/5/2024

  • Last Updated:

  • Address: 271 1st Ave, Ketchum, ID 83340

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