For Sale
$440,500

Payette, ID 83661

High-potential, value-add property in Payette, ID.

Overview

Added:
Feb 3
Days on market:
63
This unique 8,500 square foot mixed-use building presents a compelling investment opportunity in the vibrant city of Payette, Idaho. Situated on a 0.11-acre lot, the property boasts four ground-floor retail/office spaces, currently generating income, and six upper-floor office/apartment units primed for renovation. The current asking price of $440,500 reflects the necessary upgrades to the upper-floor units, offering a significant value-add potential for the astute investor. The existing retail/office spaces provide a stable income stream while the upper-floor units present a clear path to increased profitability following renovations. This versatile property is well-suited for a variety of uses, allowing for customization to meet the needs of a diverse tenant base. The flexible layout and substantial square footage offer significant potential for expansion or repurposing. The seller is open to considering owner financing, making this an even more attractive proposition for qualified buyers. Detailed financial information is available upon request, allowing potential investors to thoroughly assess the property's financial performance and future growth prospects. This is a rare chance to acquire a mixed-use property in a growing Idaho community with significant upside potential. Don't miss this chance to capitalize on this value-add opportunity.

Property Details

Property type
Square Feet
8,500 SF
Lot Size (sq. ft)
4,792 SF

Location Insight

City
Payette
County
Payette
State
Idaho
Latitude
44.079
Longitude
-116.9055
Payette, Idaho

FAQs

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