100 N. Main St., Hailey, ID

100 N. Main Street, Hailey, ID

$1,500,000

Price

5.3%

Cap Rate

$79,445

NOI

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Street
Map
Overview
Cap Rate
5.3%
NOI
$79,445
Building Size
9,600 sqft
Lot Area
0.11 acres
Occupancy
100%
Units
9
Year Built
1935
Floors
2
Description

Best Commercial location in Hailey! Historic 9600sf mixed-use building on the corner of Bullion and N. Main St. Three commercial retail spaces on the 1st. floor with Windermere Real Estate as anchor tenant, six residential apartments on the 2nd. floor with coin operated laundry room and storage. Built in 1890, and completely renovated in 1995 including structural steel. Broker owned.

Located on the NW corner of Hailey's major stop light intersection.

Best retail location in Hailey.

HAILEY AM LOT 20A BLK 40 OFFICES WITH APTS

Highlights
  • Price recently reduced. 5% Cap Rate
  • Lease rates are working their way up.
  • Commercial spaces have HVAC, Apartments have baseboard heating
  • 1995 major renovation cost over $500K, included engineered steel supports. Would cost over $1M today
  • Membrane roof was replaced 10/2004
  • Property is well maintained
Documents
Location
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