Property
Blackfoot, ID 83221 1375 S Broadway Street
$1,000,000
7 more
Presented By: RE/MAX Prestige
Baths • 20
SQFT • 10,000
Home Details
Rare investment opportunity with a 7+ cap rate and completely managed. With approximately 20 studio rental units of approximately 350' per unit all with maintenance records and rental history for the past 5 years. This is a turn-key operation ready for the next owner. Property comes with additional buildings that could be expanded as rental/ storage units and over a 1/3 acre commercially zoned that has many potential multi-family uses. Call today for additional information and a personal showing.
Presented By: RE/MAX Prestige
Interior Features for 1375 S Broadway Street
Bathrooms
Total Baths20
Other Interior Features
Above Grade Finished Area10000
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
BasementNone
Below Grade Finished Area200
Below Grade Finished Area Unit TypeSquare Feet
Heating Y/NYes
General for 1375 S Broadway Street
AccessibilityHandicap Access
Association AmenitiesNone
Building Area UnitsSquare Feet
Building FeaturesCommons Area, Highway Access
Cap Rate7
CityBlackfoot
Construction MaterialsFrame, Lap Siding, Log Siding, Vinyl Siding, Brick
CoolingWall/Window Unit(s)
CountyBingham
Current UseOther
ElectricIdaho Power
ExclusionsSellers Personal Items
Garage Y/NNo
Gross Income129721
HeatingElectric
Insurance Expense7940
Lease Amount FrequencyMonthly
Legal DescriptionT-3S R35E SEC 09 BLKFT T-7912 LESS T-7913
Living Area UnitsSquare Feet
Lot Size Square Feet43560
Lot Size UnitsAcres
Net Operating Income34000
New ConstructionNo
OwnerPaysCommon Area Maintenance, Gas, Electricity, Insurance, Grounds Care, Taxes, Sewer, Snow Removal, Trash Collection, Water
Possible UseTrailer/RV Park, Other
Property ConditionExisting
Property SubtypeBusiness
Property TypeCommercial Sale
RoofMetal
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount13492
Tax Year2024
Tenant PaysNone
Year Built1973
Zoning DescriptionGeneral Zoning: Blackfoot Comm Com, Specific Zoning: Blackfoot-C3-Service Commercia
Exterior for 1375 S Broadway Street
Building Area Total10000
Door FeaturesOverhead Doors
Foundation DetailsConcrete Perimeter
InclusionsCurrent Lease Agreements, Appliances
Lot FeaturesHigh Traffic, Interstate Exit/Access, Concrete Curbing, Established Lawn, Many Trees, None
Lot Size Acres1
Lot Size Area1
Number of Buildings3
Parking FeaturesParking Lot
Total Parking20
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
