Payette, ID 83661 540 S 16th St.
$1,100,000
Presented By: Homes Of Idaho-Eagle
SQFT • 12,296
Home Details
Exceptional investment opportunity in the heart of Payette, Idaho. This commercial building, strategically located just off the main road, offers a total of six units, making it an ideal prospect for savvy investors seeking substantial returns. Situated right off 16th Street, the property enjoys high visibility and easy accessibility. This strategic location is sure to attract businesses and customers alike, ensuring a steady flow of traffic. The building comprises six individual units, with four on-going leases, providing a range of options for potential tenants. This versatility allows for diverse businesses to thrive, maximizing rental potential. All units are conveniently spread across a single story, offering ease of access and efficient use of space. This layout enhances the overall convenience for both tenants and customers. A significant advantage of this property is the large parking lot, providing ample space for tenants and customers.
Presented By: Homes Of Idaho-Eagle
Interior Features for 540 S 16th St.
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
FlooringConcrete
Heating Y/NYes
Living Area UnitsSquare Feet
General for 540 S 16th St.
Attached Garage No
Building Area UnitsSquare Feet
Building FeaturesLighting
Building NamePioneer Plaza
Business TypeCommercial
Buyer Agent Compensation3
Buyer Agent Compensation Type%
Cap Rate5.45
Carport Y/NNo
CityPayette
Construction MaterialsFrame, Stucco
CoolingCentral Air
CountyPayette
DirectionsI-84, Fruitland exit North on 95, Through Fruitland and into Payette. Property on the West side of the road
Exterior FeaturesPaved Outside Area
Garage Y/NNo
HOA / Comm AssnNo
HeatingNatural Gas
Home Warranty Y/NNo
Land Lease Y/NNo
Leasable Area12296
Listing TermsCash, Conventional, 1031 Exchange
Lot Size Square Feet86248.8
MLS AreaPayette - 1750
New ConstructionNo
Possible UseIndustrial Suitable(Business Park), Office Suitable(Medical Office, Business Park, Office Building), Retail Suitable(Business Park, Street Retail)
Property Attached Y/NNo
Property TypeCommercial Sale
RoofFlat
Senior Community Y/NNo
SewerSeptic Tank
StatusActive
Street NameS 16th St.
Total Units6
UtilitiesCable Connected
Waterfront Y/NNo
Year Built1974
Zoning DescriptionCommercial
Exterior for 540 S 16th St.
Building Area Total12296
FencingPartial
Lot Features1 - 4.99 Acres, Lawn Sprinklers
Lot Size Acres1.98
Lot Size Area1.98
Lot Size UnitsAcres
Open Parking Y/NNo
Parking Features21 - 50 Spaces
Road Surface TypePaved
SpaNo
Water SourceCity Service
Additional Details
Price History
Mike Meador
Realtor