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1st Floor - Unit 110
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Office/Retail
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809 SF
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$791,100 USD
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Unit Size: 809 SF
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Condo Use: Office/Retail
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Price: $791,100 USD
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Sale Type: Investment or Owner User
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Price/SF: $977.87 USD
Description
Investment/Retail Space available for sale exclusively located in the center of charismatic Eagle ID’s Olde Towne business district. Property includes cool patio setting adjacent to wooded creek and city footbridge connecting Olde Towne to shopping center.
Within a block radius there are many restaurants, small shops, boutiques, services, entertainment and banking, shadow anchored by Albertsons and Walgreens. Heavy daytime pedestrian traffic, vibrant evening & weekend activity. Location also benefits from city sponsored events.
Property is easy to rent. Current 5-yr lease expires 3/31/2031. This newly constructed authentically detailed mixed-use building maintained by building association, with triple net lease in place, leaves little to nothing for landlord to do. Caps at 6.2%.
Sale Notes
• The space shares a city walking path corridor and is next door to women’s hair salon with strong steady business, women’s clothing and floral shops, and then only a few steps more to Eagle Paza shopping mall, and more.
• Space complete to support commercial kitchen (equipment belongs to current tenant), dining area and sales counter detailed consistent with building’s exterior era.
• 425 SF outdoor dining raised brick paved patio with planter spaces fully enclosed w/decorative wrought iron railing and overhead steel frame system for installation of lighting and/or shading systems.
• Fronts city walking path, bridge, scenic creek and trees, park like setting, perfect for outdoor dining.
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