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298 W Bridge St

Blackfoot, ID 83221
  • $1,299,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 2165091
UPDATED: 138 min ago
$1,299,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,000
    SQFT
  • $118
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Description

Welcome to 298 W Bridge St! This income producing property is a unique find. Four commercial suites of various sizes are all occupied by tenants with several year leases. A 864 square foot shop also contains potential for income! Suite one contains a sizeable reception area, an office, and a flexible space for storage or office work. Suite two consists of a lobby, five offices, and storage. Suite three has a large lobby and reception area, six offices, and multiple supply/copy rooms. The largest unit contains seven offices, a large conference room, and a break room. The second floor also has a four bedroom apartment. Net income is estimated at $85,000 a year putting this building at a 6.5% CAP. This is excluding the income potential of the attached shop space which is projected to gross another $5,000 to $6,000 per year.

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© 2024 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than The Perfect Home | Keller Williams Realty East Idaho are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-05-24T00:23:07.137.
www.idahoperfecthome.com/homes/150486750
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298 W Bridge St Blackfoot, ID 83221

  • Price: $1,299,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 138 min ago
  • MLS #: 2165091
0
Beds
0
Baths
0
½ Baths
0.2
Acres
11,000
SQFT
$118
$/SQFT
1970
Built
Neighborhood:
None
County:
Bingham
Area:
Blackfoot
Property Description
Welcome to 298 W Bridge St! This income producing property is a unique find. Four commercial suites of various sizes are all occupied by tenants with several year leases. A 864 square foot shop also contains potential for income! Suite one contains a sizeable reception area, an office, and a flexible space for storage or office work. Suite two consists of a lobby, five offices, and storage. Suite three has a large lobby and reception area, six offices, and multiple supply/copy rooms. The largest unit contains seven offices, a large conference room, and a break room. The second floor also has a four bedroom apartment. Net income is estimated at $85,000 a year putting this building at a 6.5% CAP. This is excluding the income potential of the attached shop space which is projected to gross another $5,000 to $6,000 per year.
Exterior Features

Construction And Status FrameExisting Exterior Primary Stucco Exterior Secondary Stone Foundation Concrete Perimeter Landscaping None Location High Traffic Num Overhead Doors 2 Overhead Doors Yes Parking Off StreetOn Street Roof Membrane Topography Setting Corner Lot

Interior Features

Air Conditioning Central Basement None Heat Source And Type GasForced Air Restrooms 3 Sq Ft Above Grade 11000 Sq Ft Below Grade 0

Property Features

Actual Annual Gross Income 97158.00 Buildings 1 Covenants No Current Use OfficeService Business Distressed Property Not Applicable Exclusions Seller and tenant's personal property. Extras Handicap AccessHigh Traffic LocationHigh VisibilityRestrooms Flood Plain N Handicap Access Yes Owner Pays Other Possible Use OfficeRetailService Business Prior Use OfficeService Business Property Type Real Estate Only Provider Other Info Idaho Power Sep Utilities No Sewer Public Sewer Short Term Rental YN No Tax Year 2023 Taxes 7360.80 Tenant Pays Other Terms CashConventional Water Public Winter Access YN Yes Zoning General BLACKFOOT COMM COM Zoning Specific BLACKFOOT-C2-COMMUNITY COMMERC

Snake River Regional MLS logo Listing provided courtesy of Keller Williams Realty East Idaho: 2085298888.
© 2024 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than The Perfect Home | Keller Williams Realty East Idaho are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-05-24T00:23:07.137.
 
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The Perfect Home | Keller Williams Realty East Idaho
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Idaho Falls ID, 83404