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Historic Value-Add Downtown Opportunity 319 Main Ave W 11,803 SF Vacant Retail Building Online Auction Sale Twin Falls, ID 83301
Investment Highlights
- Vacant freestanding retail building on a 0.72-acre lot with Main Street frontage and C-B zoning, ideal for an owner/user or retail investor.
- Strategically positioned to serve a rapidly growing population of over 87,000 residents responsible for over $1B in annual consumer spending.
- Situated in one of Twin Falls’ most established commercial corridors, surrounded by a diverse mix of retailers, restaurants, and service providers.
- Value-add and owner/user retail opportunity in Twin Falls’ Old Town with strong visibility and redevelopment potential in a prime location.
Executive Summary
319 Main Avenue W benefits from direct access to a dense and expanding population of more than 87,700 residents, responsible for over $1 billion in annual consumer spending. A central location provides convenient access to the Greater Twin Falls market, with proximity to both Routes 30 and 93, enabling efficient access to local neighborhoods and surrounding cities. Twin Falls is the largest city within a 100-mile radius and serves as the primary commercial hub. This market position reinforces long-term demand for well-located retail real estate, particularly assets with frontage, access, and scale in established corridors. 319 Main Avenue W represents a rare opportunity for a freestanding retail building with strong fundamentals, visibility, and future growth potential.
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Property Facts
About Pocatello/Idaho Falls
Pocatello and Idaho Falls are located in southeastern Idaho, along Interstate 15. It is just over a two-hour drive to Pocatello via I-15 to Salt Lake City further south. The region expanded rapidly from 1950 to 1980, nearly doubling in size due to growth in the mining, agriculture, and manufacturing industries. Today, some of these sectors have shrunk, but growth in education, healthcare, local government, advanced manufacturing, and research now provides a large share of the region’s workforce.
The region is also dependent on the energy sector for a share of its high-paying employment. The Idaho National Laboratory is based in Idaho Falls, as an arm of the United States Department of Energy. It is the metro's largest employer, focusing on atomic energy innovation. Population growth in the region is projected to outpace national growth on an annual percentage basis by a significant margin in the coming years, which could put additional pressure on demand for housing.
There are ample outdoor recreation opportunities in the form of hiking, fishing, and the nearby Pebble Creek Ski Area. Other attractions in the area include the Museum of Clean and the historic Standrod House, which was reportedly the first home equipped with electric lighting in the state of Idaho when it was built in the early 1900s. Idaho State University is the area’s largest higher education provider, enrolling just under 13,000 students and employing hundreds of faculty members.
Overall, demand for retail space will generally be tied to economic and population growth. Net migration in the area is forecast to remain strong over the near term. Prospective tenants will find an engaged, active, and growing community with largely above-average salaries willing to support local business, while investors could capture upside potential tied to regional economic growth.
Demographics
Demographics
Nearby Major Retailers
Sale Advisor
Sale Advisor
Brian Brockman, President
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Historic Value-Add Downtown Opportunity | 319 Main Ave W
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Historic Value-Add Downtown Opportunity | 319 Main Ave W
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