Commanding the premier gateway entrance to historic Idaho City, 101 Montgomery Street is the town’s most visible commercial landmark. Situated at the high-traffic intersection of Montgomery Street and Highway 21, this ±3,161 SF mixed-use asset captures the first look of every visitor entering the Boise Basin. The property occupies a prime 0.31-acre corner lot, offering a dominant position in a high-barrier-to-entry market where core commercial real estate is rarely available. Extensively renovated in 2022, the building provides a turnkey investment that seamlessly blends modernized infrastructure with the authentic historic character that defines this mountain destination.
The property is currently 100% occupied, delivering a stabilized and diversified income stream across four separate units. The tenant mix is strategically balanced to capture both local demand and year-round tourism, anchored on the lower level by a boutique wine bar and salon alongside a high-traffic ice cream parlor. The upper level features two "mountain-chic" residential units (a one-bedroom and a studio) boasting high-end hardwood (lvp) floors and a signature deck with panoramic mountain views. To ensure efficient, low-touch management, all four units are metered for power, allowing for a streamlined operation with minimal owner-side utility overhead.
With ample surface parking and a location that cannot be replicated, 101 Montgomery Street offers a yield profile and stability that significantly outperforms comparable assets in the greater Boise-metro area. This is a rare opportunity to acquire a cash-flowing legacy property in a "main-and-main" location with built-in risk diversification across retail and residential sectors. A full financial package and rent roll are available to qualified investors upon request.