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  3. MLS #579020

1301 E 17th St  Idaho Falls, Idaho

$2,000,000   •   9,500 sq. ft.   •   0.70 acres
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MLS #579020

Asking Price
$2,000,000
Status
ACTIVE
Location
Idaho Falls
Type
Real Estate Only
Year Built
1986
Offices
49
Restrooms
6
Parking
40 spaces
Floor Area
9,500 sq ft
Acreage
0.70 acres
Days on Market
85 Days

 

Property Description

Iconic Office Building on Prime 17th Street!! Recently Remodeled Interior, Featuring a Great 5-year Lease and Excellent Cap Rate. Prime Location, and Stable Investment. Building is 95% Leased Out to a Single Healthcare Organization on a 5 Year Lease at $162,000 Per Year. With Expenses, That is Nearly a 6.5% Cap Rate With That 1 Tenant Alone. There is a Second Tenant Paying Month to Month an Additional $1,500 Per Month, Increasing That Cap Rate; This Space Could Be Vacated for the Buyer to Owner Occupy, It is a Very Nice Executive Suite. Great Investment Property!!!! This Property is Agent Owned, There is an Adjacent Property That Might Be Available as Well.

 

Property Features

Improvements

# of Buildings:  1
# of Stories:  2
# of Offices:  49
# of Restrooms:  6
# of Parking Spaces:  40
Overhead Doors: 
# of Overhead Doors: 
Extras: 

Dimensions

Ceiling Height: 
Door Height: 
Above Grade Sq Ft:  6,300 sq ft
Below Grade Sq Ft:  3,150 sq ft
TOTAL Sq Ft:  9,500 sq ft

Construction

Year Built:  1986
Builder: 
Construction Status: 
Construction Style: 
Roof: 
Exterior–Finish: 
Exterior–Accent: 
Foundation: 
% Basement Finished: 

Utilities

Separate Utilities: 
Primary Heat Source:  Gas
Primary Heat Type:  Forced Air
A/C Type:  Central
Electric Type: 
Electricity Provided By: 
Average Electric: 
Avg Non-Electric Heat: 
Avg Water/Sewer/Gas: 

Use

Current Use: 
Prior Use: 
Possible Use: 

Lot

Acreage:  0.70 acres
Lot Dimensions: 
Location: 
Topography/Setting: 
Landscaping: 
Domestic Water: 
Sewer Type: 
Subdivision: 
Parcel: 
Zoning–City: 
Zoning–County: 

Rent

Monthly Rent: 
Rent Per Square Foot: 
Rent Per SQFT per Year: 
Owner Pays: 
Tenant Pays: 
Assoc Fee Includes: 

Financial

Property Tax:  $7,695.00 (2023)
Real Property Tax:  $7,695.00
Personal Property Tax: 
Annual Insurance: 
Cap Rate: 
Other Expenses: 
Effective Age: 
Terms: 
Agent Owned?  Yes

 

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Disclaimer

This IDX listing is provided courtesy of Silvercreek Realty Group for personal, non-commercial use only. Information is deemed reliable but is not guaranteed to be accurate.