Listing Courtesy of:
Keller Williams Sun Valley Southern Idaho
Agency Phone: 208-734-1991
SQUARE FEET5,875
MLS#99006096
STATUSActive
PROPERTY TYPECommercial - Retail
Listing Courtesy of:
Keller Williams Sun Valley Southern Idaho
Agency Phone: 208-734-1991
Property Description
Projected 10.44% CAP RATE, NNN Lease Potential & PRIME DOWNTOWN LOCATION!! This TENANT-READY commercial property in DOWNTOWN BURLEY features TWO PARCELS, prominent STREET-FACING STOREFRONT WINDOWS, and approximately 5,875 SQFT of versatile space. The 4,000 SQFT MAIN LEVEL offers an open retail layout, three PRIVATE OFFICES, a rear receiving/storage area, and a restroom with an ON-DEMAND WATER HEATER. The BASEMENT provides another 1,250 SQFT with ceilings over 7 tall, PLUS 625 SQFT of additional storage. Previously TWO SEPARATE STOREFRONTS, the building offers potential for future multi-tenant configurations, subject to applicable approvals. Major improvements include a NEW ROOF (2023), TWO Furnaces (2013), and LED LIGHTING (2015). Rear ALLEY ACCESS provides employee parking and convenient deliveries. The PROJECTED 10.44% CAP RATE is based on a SINGLE-TENANT NNN LEASE scenario, with an investment PRO FORMA available for review. REAL ESTATE ONLY; business not included.
Property Features
Property Type: Commercial - Retail
Basement: Yes
Cooling: Central Air
Heating: Forced Air, Natural Gas
Lot Size: 0.14 Acres
Roof Type: Rolled/Hot Mop
Year Built: 1925
Amenities
Paved Outside Area
Feature Descriptions
Accessibility: Handicap Access
Building Features: Lighting
Construction Materials: Brick, Concrete, Frame, Masonry, Stucco
Days on Site: 2
Door Features: Grade Level Door
Exterior: Brick, Concrete, Frame, Masonry, Stucco
Fencing: None
Flooring: Concrete, Wood
Lot: Standard Lot 6000-9999 SF
Lot Dimensions: 124'x27' + 23'
Parcel#: RPBB0011360240, RPBB0011360250
Parking: 6 - 10 Spaces, Parking Facility, Trailer Parking
Parking Notes: 6 - 10 Spaces, Parking Facility, Trailer Parking
Possible Use: Land Suitable(Multifamily, Office, Retail, Other), Multi Family Suitable(Duplex/Triplex/Fourplex), Office Suitable(Medical Office, Wholesale, Condo, Creative/Loft, Institutional/Gov, Office Building, R&D, Warehouse), Residential Income Suitable(Duplex/Triplex/Four
Utilities: Sewer Connected, Natural Gas Available, Propane
Water: City Service
Zoning: C-1 Commercial
Listed By / Shown By
Listed By
Agency Name: Keller Williams Sun Valley Southern Idaho
Agency Phone: 208-734-1991
Shown By
Agency Title: Coldwell Banker Tomlinson
Agency Phone: (208) 343-3393
1328 & 1332 Overland Ave | MLS# 99006096
This commercial property located at 1328 & 1332 Overland Ave, Burley, ID 83318 is currently listed for sale with an asking price of $400,000. Search Burley real estate on www.cbboise.com today.