211 E Pine Ave, Meridian, ID 83642

Courtesy of Story Commercial, LLC.

Selling Office: Prime Inc..

$?
9,000
SqFt

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Sold Price
$?
List Price
$1,499,000
Days on Market
97
Closing Date
Nov 16, 2023
Status
SOLD
MLS#
98879385
County
Ada
Sq. Ft
9000
Year Built
1946
Acres
0.41
Age
51 - 80 Years

Property Description

A excellent opportunity to purchase an income property in the heart of Old Town Meridian at land value. The property has 8 commercial tenants on the main floor and 4 one bedroom apartments on the second floor. This is a well cared for property with below market rents and steady cash flow. Plentiful parking, redevelopment occuring nearby, and excellent zoning allowing for high density redevelopment. The property is offered at 6% cap rate.

Additional Information

Sq. Ft
9000
Garagetype
11 - 20 Spaces
Roof
Flat
Construction
Frame, Stucco
Lot Features
10000 SF - .49 Acre
Air Conditioning
Central Air, Wall/Window Unit(s)
Parcel Number
R5672000940


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