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113 E Avenue F

Jerome, ID 83338
  • $N/A
  • STATUS: Sold
  • ON SITE: 303 Days
  • MLS #: 98899581
Sold - 04/24/2024
$N/A
SOLD - 04/24/2024
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,200
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1992
County:

School Ratings & Info

Intermountain MLS logoCourtesy of Westerra Real Estate Group.

Description

Invest in a commercial building with a historical 8.5% CAP rate and potential for increased returns... Are you searching for a commercial building that will serve as an investment or house your business? Look no further: The property is boasting a spacious 2,200 SF building on a large 12,502 SF lot, this property offers interior features include four private offices, a sizable break room, men's and women's bathrooms, and an expansive open area at the front of the building - perfect for creative layout options. With ample parking available and convenient access from both the street and alley, this property is ideally situated just one block off S Lincoln Ave in downtown Jerome. Enjoy walking distance proximity to all nearby establishments and only five minute drive from Walmart and I-84. Previous Physical Theropy Tenant was at $10.91 SF NNN. $2,000.00 x 12 $24,000.00 net yearly income brings in a impressive 8.5% CAP with potential upside!!!!

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Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Idaho Life Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-12-02T20:10:59.723.
www.idaholife.com/homes/147238554
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113 E Avenue F Jerome, ID 83338

  • Price: $282,000
  • Status: Sold
  • On Site: 303 Days
  • Updated: 77 min ago
  • MLS #: 98899581
0
Beds
0
Baths
0
½ Baths
0.29
Acres
2,200
SQFT
$0
$/SQFT
1992
Built
Neighborhood:
Jerome - 2030
County:
Jerome
Area:
Jerome - 2030
Property Description
Invest in a commercial building with a historical 8.5% CAP rate and potential for increased returns... Are you searching for a commercial building that will serve as an investment or house your business? Look no further: The property is boasting a spacious 2,200 SF building on a large 12,502 SF lot, this property offers interior features include four private offices, a sizable break room, men's and women's bathrooms, and an expansive open area at the front of the building - perfect for creative layout options. With ample parking available and convenient access from both the street and alley, this property is ideally situated just one block off S Lincoln Ave in downtown Jerome. Enjoy walking distance proximity to all nearby establishments and only five minute drive from Walmart and I-84. Previous Physical Theropy Tenant was at $10.91 SF NNN. $2,000.00 x 12 $24,000.00 net yearly income brings in a impressive 8.5% CAP with potential upside!!!!
Exterior Features

Construction Materials Frame Lot Features 10000 SF - .49 Acre Parking Features 11 - 20 Spaces Parking Total 20 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Total 2200 Cooling Central Air Cooling YN Yes Flooring Wood Heating Forced Air Heating YN Yes Rooms Total 5

Property Features

Business Type Commercial Electric 110 Volt Land Lease YN No Listing Terms CashConventional1031 Exchange Lot Size Dimensions 127x100 Possible Use Land Suitable(OfficeRetailOther)Industrial Suitable(ManufacturingFlex SpaceOffice Showroom)Office Suitable(Medical OfficeOffice Building)Retail Suitable(Day Care FacilityFree Standing BuildingStreet Retail)Shopping Center Suitable(Community Center)Senior Housing Suitable(Assisted Living Res) Road Surface Type Paved Tax Legal Description Lots 5 & 6 Block 144 Jerome Townsite (Nw 19-8-17) 12500 Sqft Water Source City Service Zoning Description Jerome-C2

Intermountain MLS logoCourtesy of Westerra Real Estate Group: 208-733-7653.


Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Idaho Life Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-12-02T20:10:59.723.
 
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Intermountain MLS logoCourtesy of Westerra Real Estate Group.