9443 Government WayHayden, ID 83835

Property Details for 9443 Government Way

Year built

1947

Construction

METAL FRAME

Lot size

0.22 AC

Property size (Sq ft)

4,312 SF

Property type

Retail space

APN

H405023187AH

APU

H405023187AH

Description

This exceptional commercial investment opportunity presents a 4,312-square-foot duplex ideally situated in Hayden's vibrant Central Business District at 9443 Government, Hayden, ID. The property boasts a prime location within a high-traffic area, surrounded by thriving restaurants and established businesses, ensuring excellent visibility and accessibility. The building sits on a sizable 0.22-acre lot, offering ample space and potential for future development or expansion. Currently operating under an attractive NNN lease with a very successful local tenant, this investment promises a stable and consistent income stream. The lease includes a favorable 8% cap rate and a built-in 3% annual rent increase, providing significant long-term growth potential. This is a turnkey investment opportunity, perfect for those seeking a strong return on investment in a desirable location. The sale includes the real estate only

• CAP approach

  CAP return

  Valuation

  6%

  $1,194,877

  6.5%

  $1,102,964

  7%

  $1,024,180

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,316,791

  Geo Method

  $2,316,791

• Alternative Use

  Use

  Valuation

  Residential

  $930,391

  Hospitality

  $852,233

  Educational

  $709,048

  Medical

  $733,433

  Retail

  $1,102,964

Location Insight

City

Hayden

County

Kootenai

State

Idaho

Latitude

47.7576

Longitude

-116.787

CBSA code

17660

CBSA name

COEUR D'ALENE, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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