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Listed by Brent Hanson • Keller Williams Realty Boise
$ 1,890,000
Est. payment /mo
Active
310 E Center St Pocatello, ID 83201
42,780 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 42,780 sqft
Price per Sqft $44
MLS Listing ID 98955772
HOA Y/N No
Year Built 1915
Lot Size 0.490 Acres
Acres 0.49
Source IMLS 2
Property Description
Investor-ready downtown Pocatello landmark! This fully functional, income-producing mixed-use building offers 42 residential units, 6 commercial storefronts, and over 16,000 SF of unfinished basement. All steps from Idaho State University. With recent capital upgrades (roof, HVAC, electrical, and more), this historic 47,000+ SF asset is primed for value-add strategies like sober living, student housing, or co-living. Current NOI supports a ~6% cap rate, with under-market rents and ~20% vacancy upside. Walkable location in Pocatello's vibrant historic district. Zoned for flexible use. Ideal for investors, housing operators, or mission-driven groups. Schedule your tour and explore the potential of this amazing investment opportunity.
Location
State ID
County Bannock
Area Out Of Area - 2000
Zoning Commercial General
Direction From S 1st Ave, E on E Center St, property on left
Interior
Fireplace No
Exterior
Utilities Available Sewer Connected
Building
Lot Description 10000 SF - .49 Acre
Faces From S 1st Ave, E on E Center St, property on left
Story 2
Foundation Basement
Water City Service
Structure Type Brick,Frame
New Construction No
Others
Tax ID RPPOC224400
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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