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505 Virginia St - New Meadows Plus Land 1.38 Acres of Commercial Land Offered at $825,000 in New Meadows, ID 83654

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INVESTMENT HIGHLIGHTS

Prime Corner Location
High Development Potential

High Visibility
Intersection of 2 Hwys, Hwy 55/Hwy 95

EXECUTIVE SUMMARY

A freestanding Subway Restaurant occupies .38 acres of the property, leaving 1 acre of high visibility commercial land for your development ideas. The Subway lease runs to 2035 and its net rental income is approximately $16,000/year. Zoned CBD in the City of New Meadows. A deed restriction prohibits a gas station use.

505 Virginia plat

505 Virginia St Subway Lease Summary

505 Virginia St ROS

PROPERTY FACTS

Price	$825,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail
No. Lots	1	Total Lot Size	1.38 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CBD - Central Business District

Price	$825,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail
Total Lot Size	1.38 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CBD - Central Business District