Price $1,100,000
Status Active
Size 6,000 sqft
Lot Size 34,413 sqft
Days on Market 43
Located at 101 Anderson Road in the rapidly developing northern area of Shelley, Idaho, this investment property consists of two parcels totaling 0.79 acres. The centerpiece is a well-maintained industrial building, featuring four versatile units, each equipped with a half bath, an office or storage area, and 14-foot roll-up doors, suitable for a range of industrial or commercial uses. The building's robust design and flexible layout make it attractive to tenants, with units currently renting between $1,250 and $1,350 per month. Three of the units are fully leased, providing stable, ongoing rental income, while the fourth unit is available for lease at $1,500 per month, offering the opportunity for immediate revenue growth. The property benefits from its strategic location in Shelley, a town experiencing notable growth, making it an excellent long-term investment with potential for increased demand and value appreciation as the area continues to develop. Additionally, ample space on the parcels could allow for future expansions or additional enhancements to further maximize return on investment.
Property Type(s): Commercial
Last Updated 10/9/2024 Tract NORTH SHELLEY BUSINESS PARK-BING
Year Built 2021 County Bingham

Additional Details

CONSTRUCTION Frame, Metal Siding
HEAT Forced Air, Natural Gas
LOT 0.79 acre(s)
LOT DESCRIPTION Corner Lot
PARKING Off Street
SEWER Public Sewer
STORIES 1
SUBDIVISION NORTH SHELLEY BUSINESS PARK-BING
TAXES 4452
WATER Public
ZONING NOT VERIFIED

Location

 

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Listed with Keller Williams Realty East Idaho

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