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1924 Addison

Twin Falls, ID 83301
  • $475,000
  • STATUS: Active
  • ON SITE: 118 Days
  • MLS #: 98885737
UPDATED: 178 min ago
$475,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,830
    SQFT
  • $260
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Intermountain MLS logoCourtesy of Tok Commercial.

Description

Calling all investors: recently updated commercial restaurant is up for sale with 100% occupied tenant in place. Tenant has a five year lease that expires 08/31/2027 with options to renew. Current rent is $3,000 monthly with annual rent increases of $200; current CAP is 8%. This establishment has been completely remodeled with all classy LED lights, new flooring and a newer metal roof. Check out the outdoor sitting area on the front and back of the building. Meets all the requirements for commercial/ restaurant purposes. Paved parking lot in the back of building, and parking agreement next door, make for ample on-site customer parking. FF&E included in purchase; contact Jesse Sutherland for full list. This is a great investment with high visibility on Addison Ave; 20 traffic count was at 16k vehicles a day.

Directions: Head East on Addison. The property is across the street from Smith's Food and Drug. Parking is in the rear of the building.

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Intermountain MLS logo© 2023 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Beasley Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2023-11-30T00:10:17.757.
www.mypullmanhome.com/homes/142089867
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1924 Addison Twin Falls, ID 83301

  • Price: $475,000
  • Status: Active
  • On Site: 118 Days
  • Updated: 178 min ago
  • MLS #: 98885737
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1,830
SQFT
$260
$/SQFT
1950
Built
Neighborhood:
Twin Falls - 2015
County:
Twin Falls
Area:
Twin Falls - 2015
Property Description
Calling all investors: recently updated commercial restaurant is up for sale with 100% occupied tenant in place. Tenant has a five year lease that expires 08/31/2027 with options to renew. Current rent is $3,000 monthly with annual rent increases of $200; current CAP is 8%. This establishment has been completely remodeled with all classy LED lights, new flooring and a newer metal roof. Check out the outdoor sitting area on the front and back of the building. Meets all the requirements for commercial/ restaurant purposes. Paved parking lot in the back of building, and parking agreement next door, make for ample on-site customer parking. FF&E included in purchase; contact Jesse Sutherland for full list. This is a great investment with high visibility on Addison Ave; 20 traffic count was at 16k vehicles a day.

Directions: Head East on Addison. The property is across the street from Smith's Food and Drug. Parking is in the rear of the building.
Exterior Features

Construction Materials LogMetal SidingVinyl Siding Exterior Features Paved Outside Area Foundation Details Basement Lot Features Standard Lot 6000-9999 Sf Parking Features 11 - 20 Spaces Parking Total 14 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Accessibility Features Handicap Access Below Grade Finished Area Units Square Feet Building Area Total 1830 Cooling Central Air Cooling YN Yes Flooring Wood Heating Forced AirNatural Gas Heating YN Yes

Property Features

Building Features Lighting Business Type Commercial Electric 110 Volt220 Volts Land Lease YN No Listing Terms CashConventional Possible Use Retail Suitable(Restaurant/BarFree Standing BuildingRetail PadStreet Retail) Road Surface Type Paved Utilities Sewer ConnectedCable ConnectedPropane Water Source City Service

Intermountain MLS logoCourtesy of Tok Commercial: 208-947-0815.


Intermountain MLS logo© 2023 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Beasley Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2023-11-30T00:10:17.757.
 
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Beasley Realty
515 E Main St
Pullman WA, 99163
Intermountain MLS logoCourtesy of Tok Commercial.