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Adaptable Opportunity | Downtown Corner Lot 361 Main Ave W 1,288 SF Vacant Retail Building Online Auction Sale Twin Falls, ID 83301
Investment Highlights
- Vacant freestanding retail building on a 0.29-acre lot with Main Street frontage CB-zoned lot, 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.
- Prime location with easy access to Routes 30 and 93 on a highly visible hard corner location with exposure to over 7,300 vehicles per day.
- Surrounded by established retail and industrial tenants in Twin Falls’ primary commercial district with convenient ingress and egress.
Executive Summary
Surrounded by a mix of established retail and industrial tenants, the property benefits from consistent traffic drivers and a stable commercial environment. A total of 30 on-site parking spaces further enhances accessibility for customers, employees, or tenants, making the site well-suited for a variety of retail, service, or commercial uses. 361 Main Avenue W is positioned to serve a rapidly growing population of over 87,000 residents and a trade area responsible for more than $1 billion in consumer spending. Twin Falls is the largest city within a 100-mile radius, as the regional commercial center for south-central Idaho and northeastern Nevada, reinforcing long-term demand for well-located retail real estate.
This highly accessible, vacant retail building offers a compelling opportunity to acquire retail space that combines strong demographics, high traffic counts, downtown positioning, and flexible owner/user or investment potential.
Property tours are by appointment only. Please contact the listing broker to schedule.
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- Operating and Financials
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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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Adaptable Opportunity | Downtown Corner Lot | 361 Main Ave W
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Adaptable Opportunity | Downtown Corner Lot | 361 Main Ave W
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