3278 3700Kimberly, ID 83341

Property Details for 3278 3700

Year built

1918

Lot size

1.24 AC

Property size (Sq ft)

1,848 SF

Property type

Commercial real estate

Description

This exceptional 1.848 sq ft property in Kimberly, ID, presents a compelling investment opportunity. Situated on a 1.24-acre lot in a prime Twin Falls industrial area (annexed into the city), this versatile property is zoned M2 (Heavy Industrial), offering significant long-term potential. Currently featuring two residential homes, it generates immediate rental income. The original house, brimming with character, commands approximately $1400 monthly rent, or could be removed to accommodate industrial development. A second home, a trailer, currently rents for $850 per month, with potential to increase to $1000-$1100. Utilities are currently well/septic, but city services are readily available for connection. This unique dual-purpose property allows investors to capitalize on existing rental income while strategically positioning themselves for future industrial development or use within a thriving industrial zone. The M2 zoning ensures substantial long-term value and flexibility for a variety of commercial ventures. This is a rare chance to acquire a property with immediate cash flow and significant upside in a high-demand location. The asking price is $475,000.

Location Insight

City

Kimberly

County

Twin Falls

State

Idaho

Latitude

42.5342

Longitude

-114.405

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