101 Anderson Road Active Save Request In-Person Tour Request Virtual Tour
Shelley,ID 83274
Key Details
Property Type Commercial
Sub Type Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $183
Subdivision North Shelley Business Park-Bing
MLS Listing ID 2170517
Annual Tax Amount $4,452
Tax Year 2023
Lot Size 0.790 Acres
Property Description
Located at 101 Anderson Road in the rapidly developing northern area of Shelley, Idaho, this investment property consists of two parcels totaling 0.79 acres. The centerpiece is a well-maintained industrial building, featuring four versatile units, each equipped with a half bath, an office or storage area, and 14-foot roll-up doors, suitable for a range of industrial or commercial uses. The building's robust design and flexible layout make it attractive to tenants, with units currently renting between $1,250 and $1,350 per month. Three of the units are fully leased, providing stable, ongoing rental income, while the fourth unit is available for lease at $1,500 per month, offering the opportunity for immediate revenue growth. The property benefits from its strategic location in Shelley, a town experiencing notable growth, making it an excellent long-term investment with potential for increased demand and value appreciation as the area continues to develop. Additionally, ample space on the parcels could allow for future expansions or additional enhancements to further maximize return on investment.
Location
State ID
County Bingham
Area Bingham
Interior
Heating Gas,Forced Air
Cooling None
Inclusions None
Exterior
Exterior Feature Metal
Roof Type Metal
Building
Sewer Public Sewer
Water Public
Structure Type Industrial
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Not Applicable