116 E Pine

    Meridian, ID 83642
    • $229,900
    • STATUS: Active
    • ON SITE: 46 days
    • MLS #: 98728851
    Price Reduced
    UPDATED: 94 min ago
    $229,900
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,352
      SQFT
    • $170
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1925
    County:
    Ada

    School Ratings & Info

    Listing Courtesy of Smith & Coelho.

    Description

    Hard to find commercial property in Old Town Meridian w/off st parking access from Pine. Building has 968 sf on main floor & 384 sf in a partially finished basement. Property is ADA approved and is currently leased as a salon for $1400.00 per/mo w/a 5 year modified gross lease that expires in 2021. The property has a shared driveway with an ingress, egress easement with 124 E. Pine. New roof June 2019. Cap rate is approx 7%.Please do not disturb Tenant.

    Directions: N on Main St. East on Pine Ave property is on Left. Alternate route-Locust Grove & W on Pine.

    Monthly Payment Calculator



    © 2019 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Adam Alexander | Silvercreek Realty Group are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2019-06-26T00:10:31.757.
    www.idahomesforsale.com/homes/94646084

    116 E Pine Meridian, ID 83642

    • Price: $229,900
    • Status: Active
    • Updated: 94 min ago
    • MLS #: 98728851
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,352
    SQFT
    $170
    $/SQFT
    1925
    Built
    Neighborhood:
    Meridian Ne - 1020
    County:
    Ada
    Area:
    Meridian Ne - 1020
    Property Description
    Hard to find commercial property in Old Town Meridian w/off st parking access from Pine. Building has 968 sf on main floor & 384 sf in a partially finished basement. Property is ADA approved and is currently leased as a salon for $1400.00 per/mo w/a 5 year modified gross lease that expires in 2021. The property has a shared driveway with an ingress, egress easement with 124 E. Pine. New roof June 2019. Cap rate is approx 7%.Please do not disturb Tenant.

    Directions: N on Main St. East on Pine Ave property is on Left. Alternate route-Locust Grove & W on Pine.
    Exterior Features

    Construction Frame Land Size Standard Lot 6000-9999 Sf Parking 1 - 5 Spaces Parking Spaces 5 Roof Composition Shingle

    Interior Features

    Cooling Central Air Floor Construction Wood Heating Forced AirGas Structure BasementFire Hydrant ApprovedHandicap AccessLawn SprinklersPaved Outside AreaPaved StreetCableLighting

    Property Features

    Age 81+ Years Building Class C Cap Rate Percent 7 Commercial Type Commercial Docs On File Survey/Plat Existing Yes Gas Available YN Yes Gross Operating Income 1680000 Highlight1 Excellent Location Highlight2 Fastest Growing City in Idaho Highlight3 Great Old Town Property Highlight4 Future Opportunities In Foreclosure YN No Investment Property No Occupancy Percent 100 Potential Short Sale YN No Power 110 Volt220 Volt Price Rate Type Price Prop On Ground Lease YN No Property Name Pine Street Old Town Property Real Estate Included Yes Reo Bank Owned YN No Sale Lease For Sale Sewer Yes Connected Suitable For Office Office Building Suitable For Retail Street Retail Suitable For Special Purpose Historic District Tenancy Multiple Terms 203KCashConventionalFed. Housing Admin.Id Housing & Finance AgncVeterans Admin Water City Service Zoning O-T



    © 2019 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Adam Alexander | Silvercreek Realty Group are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2019-06-26T00:10:31.757.
     
    Adam Alexander | Silvercreek Realty Group
    1099 S. Wells St., Ste 200
    Meridian ID, 83642
    Listing Courtesy of Smith & Coelho.