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101 Anderson Road, Shelley, ID MLS# 2170517

$1,100,000
Overview

Located at 101 Anderson Road in the rapidly developing northern area of Shelley, Idaho, this investment property consists of two parcels totaling 0.79 acres. The centerpiece is a well-maintained industrial building, featuring four versatile units, each equipped with a half bath, an office or storage area, and 14-foot roll-up doors, suitable for a range of industrial or commercial uses. The building's robust design and flexible layout make it attractive to tenants, with units currently renting between $1,250 and $1,350 per month. Three of the units are fully leased, providing stable, ongoing rental income, while the fourth unit is available for lease at $1,500 per month, offering the opportunity for immediate revenue growth. The property benefits from its strategic location in Shelley, a town experiencing notable growth, making it an excellent long-term investment with potential for increased demand and value appreciation as the area continues to develop. Additionally, ample space on the parcels could allow for future expansions or additional enhancements to further maximize return on investment.

General Information
2170517
$1,100,000
Commercial Sale
Bingham
2021
Active
Property
1
0
0
Natural Gas, Forced Air
Public Sewer
Cash, Conventional, 1031 Exchange
Gas, Electricity, Sewer, Trash Collection, Water
Insurance, Taxes
0.79
Industrial
Retail
Keller Williams Realty East Idaho
More Details
0.00
Off Street
None
Public
Documents
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Shane Murphy
Phone: 2085214564
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