2 Main StPayette, ID 83661

For Sale
$461,000

8,500 sq ft, high-yield investment

Overview

Added:
Dec 11, 2024
Days on market:
93
This 8,500 square foot mixed-use building, located at 2 N. Main St. in Payette, Idaho, presents a compelling investment opportunity. Currently operating at 51% occupancy, this property offers significant value-add potential. The building's mixed-use nature allows for a blend of office and retail spaces, catering to diverse tenant needs. With a desirable 6.11% cap rate and an asking price of $461,000, this property offers strong returns. Situated in Payette's historic downtown, the building benefits from the town's unique character, local businesses, and community events. Payette's affordable cost of living and convenient access to major highways further enhance its appeal. This property is also available for purchase in conjunction with 19 & 21 S. Main St., Payette, ID 83661, presenting an even larger scale investment opportunity. The property's location provides easy access to nearby cities and attractions, while the supportive local business environment adds to its overall charm. This is an exceptional chance to acquire a well-positioned mixed-use asset in a thriving Idaho community. The zip code is 83661.

Highlights

  • Potential for portfolio acquisition with 19 & 21 S. Main St., Payette, ID.
  • Value-add investment opportunity.
  • Excellent highway access.
  • Strong local business support.

Location Insight

City
Payette
County
Payette
State
Idaho
Latitude
44.0750341
Longitude
-116.9345918
2 Main St, Payette, Idaho

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2 Main St
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