1328 & 1332 Overland Ave, Burley, ID 83318
1328 & 1332 Overland Ave, Burley, ID 83318
1328 & 1332 Overland Ave, Burley, ID 83318
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Listed by Aaron Miskin • Keller Williams Sun Valley Southern Idaho
$400,000
Est. payment /mo
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5,875 SqFt
New

1328 & 1332 Overland Ave Burley, ID 83318

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Living In Idaho

Living In Idaho

+1(208) 586-3066

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,875 sqft

Price per Sqft $68

MLS Listing ID 99006096

HOA Y/N No

Year Built 1925

Lot Size 6,098 Sqft

Acres 0.14

Source IMLS 2

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.

Location

State ID

County Cassia

Zoning C-1 Commercial

Direction Use GPS

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Concrete, Wood

Fireplace No

Exterior

Exterior Feature Paved Outside Area

Fence None

Utilities Available Sewer Connected, Natural Gas Available, Propane

Roof Type Rolled/Hot Mop

Street Surface Paved

Accessibility Handicap Access

Handicap Access Handicap Access

Total Parking Spaces 8

Building

Lot Description Standard Lot 6000-9999 SF

Building Description Brick,Concrete,Frame,Masonry,Stucco, Lighting

Faces Use GPS

Story 1

Foundation Basement

Water City Service

Structure Type Brick,Concrete,Frame,Masonry,Stucco

New Construction No

Others

Senior Community No

Tax ID RPBB0011360240, RPBB0011360250

Acceptable Financing Cash, Conventional, 1031 Exchange, Other

Listing Terms Cash, Conventional, 1031 Exchange, Other

Intermountain MLS (IMLS)
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Living In Idaho

Living In Idaho

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