3323 4Th StLewiston, ID 83501

Property Details for 3323 4Th St

Year built

1976

Lot size

0.26 AC

Property size (Sq ft)

2,899 SF

Zone code

R2A

Property type

Office properties

Property subtype

Other office properties

APN

RPL06900000020

APU

RPL06900000020

Description

This 2,899 square foot retail property, located at 3323 4th St in Lewiston, Idaho (zip code 83501), is offered at $610,000. Built in 1976, the building sits on a 0.78-acre lot and offers 20 parking spaces, including ADA-accessible spots. Previously used as a dental office, the property presents a unique opportunity for a variety of businesses. Its strategic location offers high visibility, being situated near the Lewiston Orchards area, within sight of the airport, and directly across from a major medical complex. The property features a large lawn providing ample private outdoor space, ideal for customer use or employee breaks. Additionally, a 24x36 foot shop provides significant storage capacity or potential for generating supplemental income. The property's size, parking availability, and prime location make it an attractive investment opportunity for entrepreneurs seeking a well-established space with significant growth potential in a thriving community. The property's versatility allows for a wide range of business applications, capitalizing on its proximity to both residential and commercial areas. This is a rare opportunity to acquire a substantial retail property with significant land and added features in a desirable Lewiston location.

• CAP approach

  CAP return

  Valuation

  6%

  $590,720

  6.5%

  $545,280

  7%

  $506,332

• Comparable approach

  Method

  Valuation

  Relative Method

  $618,096

  Geo Method

  $618,096

• Alternative Use

  Use

  Valuation

  Residential

  $676,147

  Hospitality

  $619,347

  Educational

  $515,290

  Medical

  $533,011

  Retail

  $801,562

Location Insight

City

Lewiston

County

Nez Perce

State

Idaho

Latitude

46.3822

Longitude

-117.012

CBSA code

30300

CBSA name

LEWISTON, ID-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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