301 Poulson StIdaho Falls, ID 83401

Property Details for 301 Poulson St

Year built

1910

Lot size

0.59 AC

Property size (Sq ft)

19,290 SF

Property type

Retail properties

Property subtype

Retail space

APN

RPA1560014015B

APU

RPA1560014015B

Description

This exceptional retail storefront opportunity, known as the Trackside Mall, presents a unique investment prospect in Idaho Falls, Idaho. Located at 301 Poulson St, zip code 83401, this three-level building boasts a substantial 25,000 square feet of space, currently configured as a thriving antique consignment shop. Built in 1905, the property features heating and cooling systems throughout. The asking price is $1,250,000, translating to a price per square foot of $50. The property is zoned I&M, offering flexibility for a variety of uses. A significant advantage is the presence of a railroad spur, providing unique logistical possibilities. The building has a long and successful history as an antique consignment shop, currently housing approximately 80 individual vendors. While the existing business is a key feature, the sale does not include the consigned merchandise. Potential buyers are responsible for verifying all information provided. This property presents a rare chance to acquire a substantial, well-located retail space with significant historical context and potential for future development or continued operation as a retail center. The building's size, location, and unique features make it an attractive investment for a wide range of buyers.

• CAP approach

  CAP return

  Valuation

  6%

  $5,071,110

  6.5%

  $4,681,025

  7%

  $4,346,666

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,364,309

  Geo Method

  $10,364,309

• Alternative Use

  Use

  Valuation

  Residential

  $3,948,620

  Hospitality

  $3,616,914

  Educational

  $3,009,230

  Medical

  $3,112,722

  Retail

  $4,681,025

Location Insight

City

Idaho Falls

County

Bonneville

State

Idaho

Latitude

43.5054

Longitude

-112.028

CBSA code

26820

CBSA name

IDAHO FALLS, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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