931 Bryden AveLewiston, ID 83501

Property Details for 931 Bryden Ave

Year built

1969

Lot size

1.13 AC

Property size (Sq ft)

5,424 SF

Zone code

C4

Property type

Retail space

APN

RPL00070070201

APU

RPL00070070201

Description

This exceptional commercial property in Lewiston, Idaho, presents a unique investment opportunity. Located at 931 Bryden Avenue, this 3.43-acre site boasts a 5,424 square foot building currently housing the Wooden Nickel business, along with two existing office spaces, and potential for a third. The property includes 36 paved parking spaces plus a gravel parking area, offering ample parking for customers and employees. The building itself has undergone recent significant improvements, including upgrades to electrical systems, plumbing, grease trap, and fire suppression. The property's strategic location offers excellent visibility and accessibility, situated west of the 10th Street and Bryden Avenue intersection. The land is comprised of two parcels providing frontage on Bryden Avenue, Linden Avenue, and 10th Street. Approximately 2.5 acres of the land remain undeveloped, presenting significant expansion potential. The existing business and office leases generate multiple passive income streams, making this a truly diversified investment. The asking price for this exceptional property is $1,800,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,624,690

  6.5%

  $1,499,714

  7%

  $1,392,592

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,914,256

  Geo Method

  $2,914,256

• Alternative Use

  Use

  Valuation

  Residential

  $1,265,065

  Hospitality

  $1,158,793

  Educational

  $964,102

  Medical

  $997,259

  Retail

  $1,499,714

Location Insight

City

Lewiston

County

Nez Perce

State

Idaho

Latitude

46.3807

Longitude

-116.982

CBSA code

30300

CBSA name

LEWISTON, ID-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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