866 Hayden AveHayden, ID 83835
- Other commercial real estate
- 5,040 SF
Property Details for 866 Hayden Ave
- Year built
- 1994
- Lot size
- 0.97 AC
- Property size (Sq ft)
- 5,040 SF
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- H20500020040
- APU
- H20500020040
Description
This exceptional commercial property, located at 866 Hayden Avenue in Hayden, Idaho, presents a rare investment opportunity. The main building, totaling approximately 5,040 square feet, is situated on a substantial 0.97-acre commercially zoned lot, providing excellent visibility and convenient access to Highway 95. The building is currently divided into three rentable units, one of which includes attached shop space featuring two large overhead doors, ideal for various businesses. Adding to the property's versatility is a substantial barn/shop structure at the rear, offering an additional 2,200 square feet of space. This outbuilding comprises a main barn area of roughly 1,240 square feet (31' x 40') and an attached, enclosed lean-to of 960 square feet (24' x 40'), both equipped with concrete floors and power. The property also boasts a large yard area suitable for storage. Currently, all three units are on month-to-month leases, with tenants expressing a desire to remain. The property has undergone several recent updates. This property is priced at $1,200,000 and is perfect for investors seeking a strong return or owner-users looking for a multi-functional space. Showings are by appointment only
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,396,614
- 6.5%
- $1,289,182
- 7%
- $1,197,098
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,707,938
- Geo Method
- $2,707,938
-
Alternative Use
- Use
- Valuation
- Residential
- $1,087,473
- Hospitality
- $996,120
- Educational
- $828,760
- Medical
- $857,262
- Retail
- $1,289,182
Location Insight
- City
- Hayden
- County
- Kootenai
- State
- Idaho
- Latitude
- 47.7585
- Longitude
- -116.798
- CBSA code
- 17660
- CBSA name
- COEUR D'ALENE, ID METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.
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- 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.
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