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113 E Avenue F Jerome, ID 83338
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Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $128
MLS Listing ID 98899581
Sold Date 04/24/24
HOA Y/N No
Year Built 1992
Lot Size 0.290 Acres
Acres 0.29
Source IMLS 2
Property Description
Invest in a commercial building with a historical 8.5% CAP rate and potential for increased returns... Are you searching for a commercial building that will serve as an investment or house your business? Look no further: The property is boasting a spacious 2,200 SF building on a large 12,502 SF lot, this property offers interior features include four private offices, a sizable break room, men's and women's bathrooms, and an expansive open area at the front of the building - perfect for creative layout options. With ample parking available and convenient access from both the street and alley, this property is ideally situated just one block off S Lincoln Ave in downtown Jerome. Enjoy walking distance proximity to all nearby establishments and only five minute drive from Walmart and I-84. Previous Physical Theropy Tenant was at $10.91 SF NNN. $2,000.00 x 12 $24,000.00 net yearly income brings in a impressive 8.5% CAP with potential upside!!!!
Location
State ID
County Jerome
Area Jerome - 2030
Zoning Jerome-C2
Interior
Heating Forced Air
Cooling Central Air
Flooring Wood
Fireplace No
Exterior
Roof Type Composition
Street Surface Paved
Total Parking Spaces 20
Building
Lot Description 10000 SF - .49 Acre
Water City Service
Structure Type Frame
New Construction No
Others
Tax ID RPJ1370144005B
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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