101 Anderson Road, Shelley, ID 83274 - MLS#2170517

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Valorie Blanchard

val@valorieslist.com +1(208) 403-1859

$1,100,000

Est. payment - /mo

6,000 SqFt

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UPDATED:

10/22/2024 07:32 PM

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

Construction Status Metal Frame

Annual Tax Amount $4,452

Tax Year 2023

Lot Size 0.790 Acres

Acres 0.79

Lot Dimensions 34412.4

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

Rooms

Basement None

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

Construction Status Metal Frame

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Corner Lot

Special Listing Condition Not Applicable

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Listed by Keller Williams Realty East Idaho

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Valorie Blanchard

+1(208) 403-1859

Broker Associate

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