For Sale
$1,175,000

306 Main StHailey, ID 83333

High-yield property with expansion potential.

Overview

Added:
Feb 3
Days on market:
64
This exceptional 0.33-acre property at 306 S Main St, Hailey, ID, presents a lucrative investment opportunity. Currently fully occupied with below-market rents, this building offers immediate cash flow. The significant potential for expansion is a key advantage. Preliminary discussions with the city have explored the possibility of adding a new structure containing twelve one-bedroom units, significantly increasing the property's value and rental income. The existing building's location in the heart of Hailey ensures high demand and strong tenant occupancy. This prime location offers easy access to local amenities, businesses, and transportation. The substantial lot size allows for the construction of additional units, making this an ideal project for developers seeking to capitalize on Hailey's thriving real estate market. The current below-market rents provide a significant opportunity to increase profitability upon lease renewals. This property is priced at $1,175,000 and represents a rare chance to acquire a high-yield asset with substantial upside potential in a desirable location. The existing building's condition and tenant occupancy will be disclosed upon request. Serious inquiries only.

Property Details for 306 Main St

Property type
Year Built
1940
Lot Size (sq. ft)
14,375 SF

Location Insight

City
Hailey
County
Blaine
State
Idaho
Latitude
43.51757
Longitude
-114.3135
306 Main St, Hailey, Idaho

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306 Main St
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