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100 N. Main St., Hailey, ID

$1,500,000

100 N. Main Street, Hailey, ID 83333

Active
Last Updated: 11/03/2022

5.3

Cap Rate

79,445

NOI

Details:
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
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
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

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Documents:
Title
Offering Memorandum (L)
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