928 N Main  Pocatello, Idaho

$475,000   •   6,122 sq. ft.   •   0.43 acres
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MLS #557698

Asking Price
$475,000
Status
ACTIVE
Location
West Pocatello
Type
Real Estate Only
Offices
5
Restrooms
6
Parking
35 spaces
Floor Area
6,122 sq ft
Acreage
0.43 acres
Days on Market
108 Days

 

Property Description

This building has been completely rehabbed over the last 10 years. Once upon a time it was a bikini bar. When it was purchased by the current owners gutted the entire building. It has new plumbing, windows, electrical, sheertock, trim and doors, paint ,bathrooms, furnaces, air conditioning and finishes. It would be $100,000's of thousand of dollars more to rebuild this space! It currently has a beauty shop, a coffee shop, 1 -2 bedroom and 1-3 bedroom apartment 1 - office not rented and a warehouse space not rented. Owner has moved out of the area and needs to sell. Cap rates are based on full occupancy. Owner has been living in building so rents have been suppressed. Rents are low probably closer to 6 dollars a square foot and need increased. This is a beautiful building

Property Exclusions

Owners personal property and tenants personal property

 

Property Features

Improvements

# of Buildings:  1
# of Stories:  2
# of Offices:  5
# of Restrooms:  6
# of Parking Spaces:  35
Overhead Doors:  No
# of Overhead Doors: 
Extras:  Common Area, Fire Alarm, Fire Suppression, Handicap Access

Dimensions

Ceiling Height:  10
Door Height: 
Above Grade Sq Ft:  3,242 sq ft
Below Grade Sq Ft:  2,880 sq ft
TOTAL Sq Ft:  6,122 sq ft

Construction

Year Built: 
Builder: 
Construction Status:  Existing-Fully Updated
Construction Style:  Brick
Roof:  Tar/Gravel-Builtup
Exterior–Finish:  Brick, Drivit/EIFS
Exterior–Accent:  Brick
Foundation:  Slab on Grade
% Basement Finished:  0

Utilities

Separate Utilities:  Yes
Primary Heat Source:  Gas
Primary Heat Type:  Forced Air
A/C Type:  Central
Electric Type: 
Electricity Provided By:  Idaho Power
Average Electric: 
Avg Non-Electric Heat: 
Avg Water/Sewer/Gas: 

Use

Current Use:  Office, Retail, Other
Prior Use:  Bar
Possible Use:  Office, Restaurant, Retail, Service Business, Warehouse

Lot

Acreage:  0.43 acres
Lot Dimensions: 
Location:  High Traffic
Topography/Setting: 
Landscaping: 
Domestic Water:  City/Public Water
Sewer Type:  City Sewer
Subdivision:  Pocatello
Parcel:  RPPOC268400,RPPOC268300
Zoning–City:  Neighborhood Comm/Pro
Zoning–County:  Multiple Use

Rent

Monthly Rent: 
Rent Per Square Foot: 
Rent Per SQFT per Year: 
Owner Pays:  Lawn Care, Sewer, Water
Tenant Pays:  Gas, Electric
Assoc Fee Includes: 

Financial

Property Tax:  $5,719.56 (2016)
Real Property Tax:  $5,719.56
Personal Property Tax: 
Annual Insurance: 
Cap Rate:  $6.38
Other Expenses: 
Effective Age: 
Terms:  Cash, Conventional
Agent Owned?  Yes

 

Map

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Disclaimer

This IDX listing is provided courtesy of Spring Creek Real Estate LLC for personal, non-commercial use only. Information is deemed reliable but is not guaranteed to be accurate.