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    113 Main Ave. W.

    Twin Falls, ID 83301
    • $4,325,700
    • STATUS: Active
    • ON SITE: 35 days
    • MLS #: 98796471
    UPDATED: 9 min ago
    $4,325,700
    • 0
      BEDS
    • 0.65
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 19,856
      SQFT
    • $218
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1969
    County:

    School Ratings & Info

    Courtesy of Cushman & Wakefield Pacific Commercial Realty Advisors.

    Description

    Investment Opportunity Located at the Intersection of Main Avenue East and Shoshone Street East in Downtown Twin Falls, Idaho. Columbia Bank - Main Avenue Provides the Opportunity for an Investor to Acquire a Well Maintained 3 Story 100% Occupied Building while Achieving Stable Cash-Flow Backed by a Corporate Lease. Property is South of the Main Retail Corridor in the Heart of a Well-Established Business Community.

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    © 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Boise River Realty 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 2021-04-22T18:10:34.637.
    www.househuntersofidaho.com/homes/115184979
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    113 Main Ave. W. Twin Falls, ID 83301

    • Price: $4,325,700
    • Status: Active
    • Updated: 9 min ago
    • MLS #: 98796471
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.65
    Acres
    19,856
    SQFT
    $218
    $/SQFT
    1969
    Built
    Neighborhood:
    Twin Falls - 2015
    County:
    Twin Falls
    Area:
    Twin Falls - 2015
    Property Description
    Investment Opportunity Located at the Intersection of Main Avenue East and Shoshone Street East in Downtown Twin Falls, Idaho. Columbia Bank - Main Avenue Provides the Opportunity for an Investor to Acquire a Well Maintained 3 Story 100% Occupied Building while Achieving Stable Cash-Flow Backed by a Corporate Lease. Property is South of the Main Retail Corridor in the Heart of a Well-Established Business Community.
    Exterior Features

    Construction Masonry Fenced None Land Size 1/2 - .99 Acre Parking 51 - 100 Spaces Parking Spaces 64 Roof Flat

    Interior Features

    Cooling Central Air Floor Construction Concrete Heating Forced AirGas Structure Elevator- PassengerHandicap AccessLawn SprinklersOn City Bus RoutePaved Outside AreaPaved StreetGas/PropaneLighting

    Property Features

    Anchor Tenant1 Columbia Bank (Nasdaq: Colb) Average Occupancy Percent 100 Cap Rate Percent 5.75 Commercial Type Office Corridor Yes Cross Street Shoshone Street East Docs On File LeaseOther Existing Yes Financial Year 2021 Gas Available YN Yes Highlight1 Cap Rate - 5.75% Highlight2 Noi - $24872 Highlight3 20 Year Primary Term Highlight4 5 + Years Remaining In Foreclosure YN No Income Expense Info Actual Investment Property Yes Net Lease Investment Yes Net Operating Income 248726 Occupancy Percent 100 Potential Short Sale YN No Power 110 Volt Price Rate Type Price Prop On Ground Lease YN No Property Name Columbia Bank Main Street - Nnn Leased Investment - 5.75% Cap Real Estate Included Yes Reo Bank Owned YN No Sale Lease For Sale Sewer Yes Connected Suitable For Office Medical OfficeCreative/LoftInstitutional/GovOffice Building Suitable For Retail Other Tenancy Single Terms Consider All Vac Suited For Owner User No Water City Service Years Lefton Lease 5 Zoning City-Of-Twin-Falls Cb (Bu

    Courtesy of Cushman & Wakefield Pacific Commercial Realty Advisors.


    © 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Boise River Realty 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 2021-04-22T18:10:34.637.
     
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    Boise River Realty
    7661 W. Riverside Dr. Suite 200
    Boise ID, 83714
    Courtesy of Cushman & Wakefield Pacific Commercial Realty Advisors.