1221 Overland Ave - Storefront FOR SALE


Burley, ID 83318
$750,000 USD
208-734-7007
1221 Overland Ave, Burley, ID for Sale
$750,000 USD
Storefront - FOR SALE
1/47
null | Request Cap Rate

1221 Overland Ave
Burley, ID 83318


HIGHLIGHTS

  • Commercial building sitting in a high traffic area, next to Main St / Interstate 84
  • 3-story commercial building offers over 9,000 sq ft of versatile space
  • The main level is tailored for storefront or office use -currently configured at $1,800/month on a one-year lease
  • The upper level features a spacious apartment setup
  • The lower level offers a rental-ready layout with 3 bedrooms and 1 bathroom

OVERVIEW

This 3-story commercial building offers over 9,000 sq ft of versatile space with income potential on every level. Upper level features a spacious apartment setup with a finished living area, heated, including 2 beds, 1 bath, a comfortable living room, laundry room, & a kitchen with white cabinetry. An additional approx. 1,325 sq ft of non-heated space provides flexibility for storage, studio, or expansion. Main level is tailored for storefront or office use with alley access through the rear door. It includes approx. 2,275 sq ft of front commercial space & an additional approx. 725 sq ft sectioned off for separate use or future buildout. Lower level offers a rental-ready layout with 3 beds, 1 bath, a kitchen, & energy-efficient gas heat with central air, plus dedicated storage areas. Overall, this property is a strong mix of use or investment opportunities with multiple rentable units, established utilities, flexible configurations, & solid upside for an owner-occupant, investor, or redevelopment vision. The front commercial portion (about 91 ft) is currently configured at $1,800/month on a one-year lease, with the seller paying electricity and gas, ideal for an owner-user or investor seeking immediate income.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Showroom, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,125 SF

ZONING

C-1

APN/PARCEL ID

RPBB0011210110

ASK ABOUT THIS PROPERTY

Sid LezamizLezamiz Real Estate Co.More Info
208-734-7007

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Sid LezamizLezamiz Real Estate Co.More Info
208-734-7007

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