1120 S Lincoln Ave - Retail FOR SALE


Jerome, ID 83338
$1,700,000 USD
208-975-4447
1120 S Lincoln Ave, Jerome, ID for Sale
$1,700,000 USD
Retail - FOR SALE
1/14
null | Request Cap Rate

Jun '26


1120 S Lincoln Ave
Jerome, ID 83338


HIGHLIGHTS

  • High-visibility retail center on one of Jerome’s main thoroughfares
  • 5 to 7-suite configuration with flexible layouts
  • Anchor tenant (D&B Supply) departing in 2026, creating a large contiguous vacancy
  • Current annual rental income: $63,920
  • Tenants in place: Sonora Tacos, Puff N Stuff, Liquor Store
  • Ideal for: Value-add lease-up strategy, owner-user occupancy, or redevelopment

OVERVIEW

The Lincoln Plaza is a multi-tenant retail center positioned along a high-traffic commercial corridor in Jerome, Idaho. Built in 1975, the property originally consisted of seven suites and has since been reconfigured into five flexible retail spaces. The center has long served as the home of D&B Supply, which plans to relocate to its new facility in 2026, creating a large anchor vacancy and a substantial opportunity for repositioning. Current tenants include Sonora Tacos, Puff N Stuff, and a State Liquor Store, producing $63,920 in annual rental income. One additional suite is currently vacant, and the upcoming departure of D&B Supply will significantly expand the leasable space available. With its prominent location, adaptable layout, and forthcoming vacancies, Lincoln Plaza offers strong potential for value-add strategies, owner-user occupancy, or a full redevelopment approach. Investors and users can capitalize on the chance to re-tenant at market rents, reconfigure suite layouts, or attract national, regional, or local retailers. The property’s established commercial setting and steady traffic patterns further enhance its long-term growth prospects.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$31 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lincoln Plaza For Sale 23,000 SF on 5 Acres

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Garden Center, Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

160

LAND DETAILS

LAND ACRES

5.12 AC

LAND SF

223,027 SF

ZONING

C2 GENERAL BUSINESS

APN/PARCEL ID

RPJ13701610120A,RPJ13701610130A,RPJ13701610140A

ASK ABOUT THIS PROPERTY

Andrea NilsonSummit Commercial Real Estate GroupMore Info
208-975-4447

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Andrea NilsonSummit Commercial Real Estate GroupMore Info
208-975-4447

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.