271 1 AveKetchum, ID 83340

Property Details for 271 1 Ave

Property size (Sq ft)

8,688 SF

Property type

Retail properties

Property subtype

Office properties

Description

This exceptional mixed-use property, located in the heart of downtown Ketchum, Idaho, presents a compelling investment opportunity. The 8,688 square foot building, constructed in 1986 and 2000, sits on an oversized 8,250 square foot lot and boasts a desirable Community Core zoning designation. The property features one building with two stories, encompassing four units: two ground-floor commercial spaces and two second-floor apartments. Currently operating at 100% occupancy, the building benefits from long-term, stable tenants, including established businesses such as Sun Valley Title and Kneeland Gallery. The asking price is $4,495,000, translating to $517.38 per square foot. Access is available from both 1st Avenue and a convenient alleyway, with garages provided for the residential units. This stabilized investment offers a prime location in Ketchum's vibrant downtown core, presenting a rare opportunity to acquire a well-established, high-performing mixed-use asset with significant upside potential. The property's address is 271 N 1st Avenue, Ketchum, ID 83340, and its APN is RPK00000580020. The ownership is fee simple.

Location Insight

City

Ketchum

County

Blaine

State

Idaho

Latitude

43.6793

Longitude

-114.365

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