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 $162,000 Per Year. With Expenses, That is Nearly a 6.5% 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; 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.
Property Type(s):
Commercial
|
Last Updated
|
4/22/2025
|
Year Built
|
1986
|
|
Community
|
Idaho Falls
|
County
|
Bonneville
|
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AREA |
Idaho Falls |
| HEAT |
Forced Air, Natural Gas |
| LOT |
0.7 acre(s) |
| STORIES |
2 |
| TAXES |
7695 |
Listed with Silvercreek Realty Group
Information is deemed reliable but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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