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  3. MLS #581812

240 N 18th  Pocatello, Idaho

$550,000   •   5,180 sq. ft.   •   0.58 acres
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MLS #581812

Asking Price
$550,000
Status
ACTIVE
Location
University Area
Type
Real Estate Only
Year Built
1966
Offices
6
Restrooms
3
Parking
10 spaces
Floor Area
5,180 sq ft
Acreage
0.58 acres
Days on Market
11 Days

 

Property Description

Are you looking for an investment property with leases in place? This is it. Leases in place till 2029 with extension options. 6.2% Cap rate based on 2025 income and expenses which you can see on the cash flow chart under documents. Located close to the university.

 

Property Features

Improvements

# of Buildings:  1
# of Stories:  1
# of Offices:  6
# of Restrooms:  3
# of Parking Spaces:  10
Overhead Doors: 
# of Overhead Doors: 
Extras: 

Dimensions

Ceiling Height: 
Door Height: 
Above Grade Sq Ft:  3,260 sq ft
Below Grade Sq Ft:  1,920 sq ft
TOTAL Sq Ft:  5,180 sq ft

Construction

Year Built:  1966
Builder: 
Construction Status:  Existing
Construction Style: 
Roof:  Membrane
Exterior–Finish:  Brick, Stucco
Exterior–Accent:  Brick, Stucco
Foundation:  Concrete
% Basement Finished: 

Utilities

Separate Utilities: 
Primary Heat Source:  Gas
Primary Heat Type:  Forced Air
A/C Type:  Central
Electric Type:  220 Volt
Electricity Provided By:  Idaho Power
Average Electric: 
Avg Non-Electric Heat: 
Avg Water/Sewer/Gas: 

Use

Current Use:  Office
Prior Use:  Office
Possible Use:  Office

Lot

Acreage:  0.58 acres
Lot Dimensions: 
Location: 
Topography/Setting: 
Landscaping: 
Domestic Water: 
Sewer Type:  City Sewer
Subdivision:  Pocatello Townsite
Parcel: 
Zoning–City:  Commercial General
Zoning–County:  Com General

Rent

Monthly Rent:  $3,711.00
Rent Per Square Foot: 
Rent Per SQFT per Year: 
Owner Pays: 
Tenant Pays:  Electric, Gas, Trash Removal, Water
Assoc Fee Includes: 

Financial

Property Tax:  $6,972.00
Real Property Tax: 
Personal Property Tax: 
Annual Insurance: 
Cap Rate:  $6.20
Other Expenses: 
Effective Age:  60
Terms:  Cash
Agent Owned?  No

 

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Disclaimer

This IDX listing is provided courtesy of Premier Properties Real Estate Co. for personal, non-commercial use only. Information is deemed reliable but is not guaranteed to be accurate.