1301 E 17 th St 1301 17th St, Idaho Falls, ID 83404
sale
$1,699,900
|
Other
Courtesy Of Silvercreek Realty Group
INVEST IN PRIME MEDICAL & HEALTHCARE REAL ESTATE! 17TH STREET LOCATION & PROTECT YOUR ASSETS !! BEAUTIFUL RECENTLY UPGRADED INTERIOR, FEATURING A GREAT 5-YEAR LEASE AND EXCELLENT CAP RATE. STABLE INVESTMENT! ITS TIME TO INVEST IN REAL ESTATE! Iconic Office Building on Prime 17th Street!! Recently Remodeled Interior, Featuring a Great 5-year Lease and Excellent Cap Rate. Prime Location, and Stable Investment. Building is 95% Leased Out to a Single Healthcare Organization on a 5 Year Lease at $156,000 Per Year. With Expenses, That is Nearly a 7% Cap Rate With That 1 Tenant Alone. There is a Second Tenant Paying Month to Month an Additional $1,500 Per Month, Increasing That Cap Rate to nearly 8%; This Space Could Be Vacated for the Buyer to Owner Occupy, It is a Very Nice Executive Suite. Great Investment Property!!!! This Property is Agent Owned, There is an Adjacent Property That Might Be Available as Well
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Property Features
- Architecture Style: Other
- Cooling System: Central Air
- Floors: 2
- Heating System: Forced Air
- Heating System: Natural Gas
- Legal Description: HOMESTEAD SQUARE, DIV. #1, IDAHO FALLS, LOT 1 & 3
- MLSID: 578995
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