519 Washington AveEmmett, ID 83617

Property Details for 519 Washington Ave

Year built

1998

Lot size

0.18 AC

Property size (Sq ft)

2,880 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

RPE3150A03006AA

APU

RPE3150A03006AA

Description

This exceptional investment opportunity presents a fully leased commercial property located at 519 S Washington in Emmett, Idaho. The property encompasses a 0.18-acre corner lot offering high visibility. The property consists of two buildings totaling 4,160 square feet. One building, constructed in 1998, houses a Pizza Factory franchise (sold separately) currently generating $3,525 in monthly rent. The second building, remodeled in 2004, provides an additional $1,400 in monthly rental income from a house/business. Combined, these leases generate a substantial monthly income of $4,925. This long-established business complex presents a stable and lucrative investment opportunity. The property is offered at $650,000. Please note that the Pizza Factory franchise is sold separately. Tenants should not be disturbed. Showings are available upon request. This is a rare chance to acquire a proven, high-income-generating commercial property in a desirable location. The property's strong rental history and prime location make it an ideal investment for those seeking a stable and profitable return.

• CAP approach

  CAP return

  Valuation

  6%

  $862,667

  6.5%

  $796,308

  7%

  $739,429

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,547,393

  Geo Method

  $1,547,393

• Alternative Use

  Use

  Valuation

  Residential

  $671,716

  Hospitality

  $615,288

  Educational

  $511,913

  Medical

  $529,518

  Retail

  $796,308

Location Insight

City

Emmett

County

Gem

State

Idaho

Latitude

43.871

Longitude

-116.5

CBSA code

14260

CBSA name

BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].