List Price:
$1,100,000
Street #:
298
Compass Point:
W
Street/Road Name:
Bridge St
Apx Total SqFt:
11000
Current Use:
Office, Service Business
County:
Bingham
Listing Office:
Keller Williams Realty East Idaho (#:3046)
Listing Agent:
The Nelson Group (#:10052)
City:
BLACKFOOT
Taxes:
7360.8
Lot Size (Apx SqFt):
Public Info:
Welcome to 298 W Bridge St! This income producing property is a unique find. Four commercial suites of various sizes are all occupied by tenants with several year leases. A 864 square foot shop also contains potential for income! Suite one contains a sizeable reception area, an office, and a flexible space for storage or office work. Suite two consists of a lobby, five offices, and storage. Suite three has a large lobby and reception area, six offices, and multiple supply/copy rooms. The largest unit contains seven offices, a large conference room, and a break room. The second floor also has a four bedroom apartment. Net income is estimated at $85, 000 a year putting this building at an 8% CAP. This is excluding the income potential of the attached shop space which is projected to gross another $5, 000 to $6, 000 per year.
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