211 N Main St - Retail FOR SALE


Payette, ID 83661
$205,000 USD
208-343-2300
211 N Main St, Payette, ID for Sale
$205,000 USD
Retail - FOR SALE
1/4
null | 7% Cap Rate

211 N Main St
Payette, ID 83661


HIGHLIGHTS

  • Current tenants operate as a salon, spa, massage studio, and tattoo shop
  • Main Street frontage in Downtown Payette, walkable, visible, convenient
  • Low-touch hold with potential upside at lease maturity (rent reset, renewal, or re-tenanting)
  • Newer systems with a ~5-year-old TPO membrane roof and two (2) ~5-yearold HVAC units
  • All information deemed reliable but not guaranteed; buyer to verify lease terms, expenses, and financials

OVERVIEW

Lee & Associates is pleased to present a stabilized retail investment on Main Street in Downtown Payette. The property is offered at a 7.00% cap rate and is secured by an in-place lease running through 2029, providing predictable cash flow with potential income uplift at renewal or re-lease.

FOR SALE DETAILS

PRICE

$205,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

-

APN/PARCEL ID

P1270008018A

ASK ABOUT THIS PROPERTY

Alec DhaenensLee & Associates Idaho, LLCMore Info
208-343-2300

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Alec DhaenensLee & Associates Idaho, LLCMore Info
208-343-2300

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