Commercial
1328 & 1332 Overland Ave
Burley, ID 83318
$400,000
ActiveMLS® 99006096
Projected 10.44% CAP RATE, NNN Lease Potential & PRIME DOWNTOWN LOCATION!! This TENANT-READY commercial property in DOWNTOWN BURLEY features TWO PARCELS, prominent STREET-FACING STOREFRONT WINDOWS, and approximately 5,875 SQFT of versatile space. The 4,000 SQFT MAIN LEVEL offers an open retail layout, three PRIVATE OFFICES, a rear receiving/storage area, and a restroom with an ON-DEMAND WATER HEATER. The BASEMENT provides another 1,250 SQFT with ceilings over 7' tall, PLUS 625 SQFT of additional storage. Previously TWO SEPARATE STOREFRONTS, the building offers potential for future multi-tenant configurations, subject to applicable approvals. Major improvements include a NEW ROOF (2023), TWO Furnaces (2013), and LED LIGHTING (2015). Rear ALLEY ACCESS provides employee parking and convenient deliveries. The PROJECTED 10.44% CAP RATE is based on a SINGLE-TENANT NNN LEASE scenario, with an investment PRO FORMA available for review. REAL ESTATE ONLY; business not included.
Interior
- Flooring Concrete, Wood
- A/C Central Air
- Heating Forced Air, Natural Gas
- Disability Feature Handicap Access
Exterior and Construction
- Construction materials Brick, Concrete, Frame, Masonry, Stucco
- Exterior Paved Outside Area
- Roofing Rolled/Hot Mop
- Construction Brick, Concrete, Frame, Masonry, Stucco, Basement
Utilities
- Utilities Sewer Connected, Natural Gas Available, Propane, 110 Volt, 220 Volts
- Water City Service
Land and Lot
- Lot size 0.14 acres (6,098 sq ft)
- Lot description Standard Lot 6000-9999 SF
Location and Zoning
- Road/Access Paved
- Zoning description C-1 Commercial
- County Cassia
Schools
- School District Cassia County Joint School District 151
Tax and Legal
- Parcel number RPBB0011360240, RPBB0011360250
- Legal description B Twst Lot 24 Blk 136 Welch Music & B Twst Lot 25 Blk 136 Welch Music
Parking and Garage
- Parking spaces 8
- Garage 6 - 10 Spaces, Parking Facility, Trailer Parking
Listing Information
- Listing Agent
- Aaron Miskin
- Listing Office
- Keller Williams Sun Valley Southern Idaho
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