224 State StShelley, ID 83274

This exceptional mixed-use property at 224 S State St, Shelley, Idaho, presents a compelling investment opportunity. The building, situated on a 0.06-acre lot (APN RP2025600), boasts 5,000 square feet across two stories and is currently 100% occupied, generating a strong 7.00% cap rate. The asking price is $379,000, translating to $75.80 per square foot. The property's zoning is designated CB, allowing for a blend of residential, office, and retail uses. Conveniently located right off Yellowstone Highway/Highway 91 in the heart of Shelley, this property benefits from high visibility and accessibility. Recent renovations have resulted in updated interiors throughout the building. Ample parking is available for tenants and customers. This turnkey investment offers a rare chance to acquire a fully occupied, high-performing asset in a thriving Idaho community. The single building structure presents a straightforward management model, minimizing operational complexities. The strong occupancy rate and consistent cash flow make this an attractive option for investors seeking a stable and profitable addition to their portfolio. This property is ready for immediate income generation.