1879 Addison AveTwin Falls, ID 83301

  • Other commercial real estate
  • 1,346 SF
For Sale
$450,000 View listing

Property Details for 1879 Addison Ave

Year built
1978
Lot size
0.26 AC
Property size (Sq ft)
1,346 SF
Property type
Other commercial real estate
APN
RPT2121001003B
APU
RPT2121001003B

Description

This exceptional restaurant opportunity is located at 1879 Addison Avenue East in Twin Falls, Idaho, boasting a prime location with excellent visibility and high traffic counts exceeding 13,600 vehicles daily. The property, identified by APN RPT2121001003B, encompasses approximately 0.26 acres and features a 1,346 square foot building currently operating at 100% occupancy as a single-tenant retail space. A significant advantage is the inclusion of a drive-thru, enhancing operational efficiency and customer convenience. The property is categorized as retail, specifically a restaurant, and is offered at an asking price of $450,000. Beyond the main floor, the property includes additional basement storage space, providing valuable extra room for inventory or equipment. This turnkey operation presents a compelling investment opportunity in a thriving Twin Falls location with strong demographics and high daily traffic volume. The property's zip code is 83301, and it is situated in Twin Falls County. This is a rare chance to acquire a well-established restaurant with a drive-thru in a high-demand area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $283,110
    Hospitality
    $259,328
    Educational
    $215,757
    Medical
    $223,178
    Retail
    $335,623
1879 Addison Ave, Twin Falls, Idaho

Location Insight

City
Twin Falls
County
Twin Falls
State
Idaho
Latitude
42.5633
Longitude
-114.448
CBSA code
46300
CBSA name
TWIN FALLS, ID MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,194
$97,996
$111,771
$209,767
-
$97,996
$111,771
$209,767

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